,
DINARESGURUS.BLOGSPOT.COM_________________

Tuesday, October 2, 2012

I NOW HAVE A GAG ORDER ON ME, 2 OCTOBER


[TERRYK] HELLO ALL
[TERRYK] I NOW HAVE A GAG ORDER ON ME
[TERRYK] FYI
[TERRYK] I CAN'T TALK ABOUT DINAR FOR A WEEK
[TERRYK] CAN'T
[TERRYK] THIS IS NO GAME
[TERRYK] JUST LETTING U KNOW
[JAD] We've seen this before. Not buying it.
[TERRYK] TOO BAD JAD
[TERRYK] IT IS WHAT IT IS
[JAD] Ok
[TERRYK] YOU CAN BASH TALK SHIT IM TELLING YOU WHAT IM TELLING 
[TERRYK] YOU
[TERRYK] I CAN'T TELL YOU WHO 
[TERRYK] I CAN'T TELL YOY  WHY
[TERRYK] ALL I CAN SAY IS I CAN'T TALK DINAR
[TERRYK] FOR 1 WEEK
[USAREMENTOR] Tk, Ok, so another week?
[TERRYK] WHO KNOWS
[TERRYK] I CAN'T SAY ANYTHING
[TERRYK] THAT IS NOT RUMOR
[USAREMENTOR] Ok so what can we talk about for the next week on this dinar chat site?
[TERRYK] YOU CAN TALK ABOUT ANYTHING U WANT
[TERRYK] I CAN'T AND WILL NOT GIVE ANY INFORMATION FROM MY SOURCCES
[TERRYK] PERIOD
[stebusan] Vnd?
[TERRYK] SURE
[TERRYK] HEARING .91
[TERRYK] I JUST CAN'T TALK DINAR
[TERRYK] I CAN TALK IRAQ
[TERRYK] ARTICLES
[TERRYK] BUT NOTHING FROM SOURCES
[TERRYK] I TOO THINK THIS IS BULL SHIT
[TERRYK] BUT IT IS WHAT IT IS
[mimirose]    What is your opinion on that rate for the VND? Do you really think it is possible? Praying it is!
[TERRYK] I KNOW THEY HAVE THE FUNDS 
[TERRYK] BUT WHO KNOWS WHAT IT WILL COME OUT AT
[TERRYK] JUST KEEP IN MIND I HAVE A GAG FOR 1 WEEK
[TERRYK] BITING TONGUE

I CAN REST ASSURED THERE WILL BE A RV BEFORE 1 DECEMBER, 2 OCTOBER


10-2-12 Poppy3: I was just informed I can rest assured there will be a RV before December 1 and their budget will be opened and activated. He said the absolute timing will depend on three things. If Maliki cooperates or if he has to be removed. If he cooperates and all the details are completed prior to the National Meeting THINGS WILL BE FASTER. Or if he is removed, how long it will take to remove and replace with a interim and how long it will take the new Prime Minister to fill the final positions of the GOI. RICH FRIENDS JUST PASSING ON WHAT CAME FROM INSIDE BAGHDAD ABOUT ONE HOUR AGO. He stated the longest scenario would be December 1 and that he still expects completion and announcement of the National Meeting prior to the 15th of this month. Hope this lifts some spirits and reassures some of you new comers. 

BLUWOLF CHAT, 2 OCT



[NuffSaid] badgerbill I just wish this backwall of dec 1st was 100000% true. If so, I think many would figure out a way to adjust and wait it out.

[bamanana] NuffSaid I've often said, just tell me when! Then I can live life and make plans!

[woodguy 6250] NuffSaid will get close and it will change just like always on this ride

[bluwolf] BUENAS NOCHES HOW ARE WE TONIGHT    HOPE WELL   LISTEN UP THERE IS NO INFORMATION TO SHARE WHAT SO EVER FOR ALL CONTACTS ARE SILENT  AND THAT IS EXCELENT NEWS

[Maryrose] bluwolf isn't that interesting......... hummmm

[bluwolf] WE ARE IN A VERY GOOD SITUATION LETS RIDE THIS BABY IN HOLD THE FAITH   DO NOT GIVE UP

[badgerbill] bluwolf This is good....no un-needed excitement...thank you BlU.......

[woodguy 6250] what happened to all the intel from all the meeting

[bluwolf] HOW MANY ENJOY THE FRUIT OF THE SPIRIT THE LAST TIME I WAS HERE
[blue skies] bluwolf It warmed everyone's heart. thank you.
[whatupnoweh] There are two rules for success: 1.) Don't tell all you know. 
[bluwolf] WELL I AM MAKING A BRIEF APPEARENCE TONIGHT,ONLY TO INFORM YOU THAT THE GENARAL ASSEMBLELY CLOSE SHOP YESTERDAY,THAT WE STILL NEED THE TRANSCRIPT OF ALL MEETINGS OR THE RESULUTIONS OF THE SAME

[Digs] here's an idea (an i myself just did this today)... stop at your local diner or    shop.. talk to the owner or manager, and ask them for a few gift cards, $ 5.00 - $ 10.00 whatever... tell them to sign the card in Black marker, and that whenever someone comes in to use this card,

[Digs] that they are a Veteran of this United states, who is down on their luck, and just needed a nice hot meal... and some nice friendly talk.... trust me! its amazing the results!!!

[blue skies] Digs thank you for sharing that with us. a good idea.

[bluwolf] RESOLUTIONS SORRY
[bluwolf] IF CHAPT 7 IS OFFICIALLY OVER IT SHOULD SHOW IN THE RESOLUTIONS   ONE THING I WILL SAY KUWAIT WAS PUSHING THE ENVOLOPE  IMO I THINK IS ALL DONE  IN THE UN  I MEAN

kids] bluwolf as in Kuwait wanting Iraq out of Chap 7?
[msguccissima] bluwolf    Bluwolf; how long before the resolutions are released?

[bluwolf] SO NOW [I HATE TO USE THIS WORD] WE WAIT FOR THE OUTCOME

[duffy] BLUWWOLF: You are so right. God Bless and Go    and as you have always said: In Gods' timing.

[bluwolf] duffy AMEN
[daveydinar] So what what would delay    this time?
[woodguy 6250] bluwolf do you see it NOW or December 1

[bluwolf] woodguy 6250 HEY BUDDY USE THE LAW OF ATTRACTION,,WISH IT IN HERE NOW NOT IN DECEMBER

[bluwolf] daveydinar THE WORD DELAY,HOLD UP SHOULD NEVER BE MENTION AGAIN

[marmeysue] bluwolf It is just a matter of release - correct?
[kids] bluwolf do you think the Kurds were paid as some media reports

7:46 PM [bluwolf] jmcknight63 I AM A LITTLE SAD BUT IT IS VERY PERSONAL
7:46 PM [bluwolf] marmeysue CORRECT

7:46 PM [PiratesMom] Starlight1203 longtime no  
7:46 PM [woodguy 6250] bluwolf we'll add the word soon to that list and from now on it is    NOW,    NOW

7:47 PM [bluwolf] woodguy 6250 GOOD

7:46 PM [wheezer2] bluwolf....buenas noches senor....so glad to see you

7:47 PM [bluwolf] kids I HAVEN'T BEEN ABLE TO CHECK YET

7:47 PM [daveydinar] Thanks Bluwolf. I know you give us your best.
7:47 PM [kids] bluwolf thx for your reply
7:47 PM [marmeysue] bluwolf Thank you . Pray God's peace on you.

7:48 PM [barb] bluwolf I am sorry you are sad  
7:49 PM [wheezer2] bluwolf will all the resolutions be open to public inspection? when do you think they will be available? is there a set time for opening them?

7:49 PM [flameon] bluwolf I've heard it said that God uses sadness to stretch our souls to be able to receive the blessings he has for us!

7:50 PM [bluwolf] MY STEP DAUGHTER HAS A TUMOR IN HER THROET HAD SOME TEST MADE WAITING FOR RESULTS, SHE IS ONLY 24

7:51 PM [woodguy 6250] bluwolf my prayers go out to her and you family
7:51 PM [bluwolf] BESIDES OTHERS THINGS IN THE AIR

7:51 PM [2012jesus] bluwolf wish you and your step daughter the best and in our prayers

7:51 PM [lee0623] bluwolf    for you and your family, the lord will work for you as you have worked for him

7:51 PM [bluwolf] IF YOU WISH TO PRAY FOR HEAR HER NAME IS ZAE

bluwolf] SHE JUST GAVE ME A GRANDCHILD ABOUT 3 MONTHS AGO

MANY MORE PRAYERS....

[bluwolf] THANK YOU ALL FOR YOUR PRAYERS I AM OVERWHELMED
[bluwolf] I MUST SAY THAT I HAVE BEEN DEALING WITH A LOT THIS WEEK,,BUT I DO KNOW WHEN GOOD THINGS ARE ABOUT TO HAPPEN THAT THE EVIL ONE TRYS TO TOUCH US WITH HIS TAIL,,BUT HE HAS FAILED WITH ME FOR I HAVE A ALMIGHTY GOD WHO PROTECTS ME AND MY LOVE ONES

[bluwolf] I THINK THAT AT THIS TIME WE SHOULD ASK OUR LORD TO BRING US TO THE END OF THIS THING

[blue skies] bluwolf I believe that the power of prayer can heal anything... This I know for certain.... amen

[2012jesus] bluwolf remember the the word you said last week to us ,,, BELIEVE ,BELIEVE,BELIEVE,BELIEVE

[bluwolf] OH I BELIEVE BUT I AM ALSO HUMAN
[bluwolf] AND SHE IS VERY DEAR TO ME MY BABY
[bluwolf] I ALSO PRAY FOR A FRIEND, MAY SHE FIND HER WAY. MAY ALL DOORS BE OPEN FOR HER AND MAY SHE FIND PEACE AND FREEDOM WHERE EVER SHE MAY GO.AMEN

[bluwolf] HEY I AM GOOD   IT IS DONE SO DECLARED  WELL I HAVE SPOKEN MY PEACE   I THINK THAT WITH REGARDS TO THE DINAR WE ARE CLEAR

[crossways] bluwolf Thank you for coming in , as always, you are always there for us! So glad to return the favor tonight. God bless!!

[Maryrose] bluwolf the dinar thing is good to go. It is spoken!!

[wheezer2] bluwolf i hope that we have given some small bit of peace

[bluwolf] wheezer2 A GREAT DEAL OF PEACE TY VERY MUCH

[bluwolf] crossways TY YOU ARE ALL DARLINGS

[bluwolf] BE BLESSED EVERYONE! TY AND GOOD NIGHT

DINAR GURUS UPDATE, 2 OCTOBER


10-2-2012  Newshound Guru SWFloridaGuy     the SLC [State of Law Coalition] intends an attempt at jerking Allawi around on the Erbil agreement during the “National Meeting” on the basis of constitutionality. Fact. Either some “watered down” version of the Erbil deal gets agreed to or I expect the opposition to reform and remove Maliki soon. They are already calling for it now.

10-2-2012  Intel Guru Okie_Oil_Man   HI PEOPLE--BEEN A WHILE SINCE I HAVE BEEN ON COMPUTER. HAVE BEEN VERY INVOLVED IN THE OIL FIELD. IT HAS BEEN INCREASINGLY DIFFICULT LATELY TO OBTAIN CORRECT INTEL THAT WAS SHARABLE. I HEAR THE MANY RUMOR'S OUT THERE AND KNOW FROM SOURCES THAT IS JUST WHAT THEY ARE---RUMOR'S-WE ARE NOT IN CONTROL OF THE R/V SITUATION AND SHOULD REALIZE THAT IT WILL HAPPEN WHEN IT IS SCHEDULED TO--NO MAN KNOW'S THE DAY OR HOUR. I AM POSITIVE OF THE END RESULT'S BUT HAVE HEARD WIDE AND VARIED DATES FROM SOURCES. THIS LEAD'S ME TO BELIEVE THAT ABSOLUTELY NO ONE KNOW'S EXACTLY WHEN IT WILL OCCUR. 

10-2-2012  Newshound/Intel Guru BGG       He’s paid the Kurds – to appease them for the moment, at the same time buying pretty heavy weaponry to fight “terrorism”. Then he’s talking big about this “gov’t of Partnership has been a waste of time and he’s going to form a majority gov’t (code word – dictatorship) as soon as he gets back.  There is quite a few people calling for his replacement the last few days. I’ve said it all along – there is lots more to the story and they have given him every opportunity to act right, next stop – New Prime Minister.

10-2-2012  Intel/Newshound Guru Poppy3   They have passed another timeline for the National Conference, it was to be October 1.  Talabani has already interviewed a list of people and what we are looking for is what comes out of the meeting today if he and Allawi get together, this could be huge for us.  It sounds like everything needed to seat the full government and have the RV is well on it's way to be agreed upon and the next thing we have to look for is them all being voted on.  I understand now that Parliament will not be in session to vote on these things until the 9th of this month, but we know this is subject to change on timing, things can change in Iraq without hesitation.

10-2-2012  Intel Guru Wisdom   [new guru]  We are seeing 4 issues coming into fruition at or about the same time.  We have the UN meeting & they are all happy.  We could be hearing something by tomorrow [Tuesday].  Chapter 7 is being dealt with right now.  This is a very, very good marker for us. The National Conference has been an ongoing set of meetings, preliminary meetings.  We should see the National Conference before the end of the week, this is just a projection.  The fact that they are about to address the agreements of Art. 140, HCL and Erbil all at the National Conference to wrap things up along with Chapter 7,  coincidental, I don't thing so. This tells me we are there.  All of these points are major plays & have to come out at the same time or within days of each other.  About 4 or 5 weeks ago there was a press release from the CBI stating that they had the dollar to back the dinar at over $1.30 just in currency alone, not withstanding any other assets.  I have a feeling, since they have contracts with international oil companies, with G.E. for power plants, they have to have a timeline.  They must have a tradeable currency.  I think it's all going to go live really quick.

10-2-2012  Newshound Guru Mailman17   THE ARTICLE REGARDING TALABANI FINALLY GETTING THE CONFERENCE SCHEDULED...THESE CONFERENCES NORMALLY ARE HASHING OUT MEETINGS.  THIS ONE JUST MAY BE DIFFERENT.  SHABS NOW HAS IN PLACE HIS COUNTERFEITING LAW.  THE BANKS NEEDED ASSETS TO COVER THE EXCHANGE AND THAT THE CBI TOLD THEM THEY WILL BE ACCOUNTABLE FOR ANY FUNNY MONEY.  NOW WE HAVE THE LAW.

10-2-2012  Intel Guru TerryK    NO NEW NEWS.  STILL WAITING FOR CALL.  IM PRETTY EXCITED
.

WE ARE NOT IN CONTROL OF THE RV, 2 OCT


[..OKIEOILMAN] HI PEOPLE--BEEN A WHILE SINCE I HAVE BEEN ON COMPUTER. 

HAVE BEEN VERY INVOLVED IN THE OIL FIELD. IT HAS BEEN INCREASINGLY DIFFICULT LATELY TO OBTAIN CORRECT INTEL THAT WAS SHARABLE. 

I HEAR THE MANY RUMOR'S OUT THERE AND KNOW FROM SOURCES THAT IS JUST WHAT THEY ARE---RUMOR'S-

WE ARE NOT IN CONTROL OF THE R/V SITUATION AND SHOULD REALIZE THAT IT WILL HAPPEN WHEN IT IS SCHEDULED TO--JUST LIKE THE SECOND COMING--NO MAN KNOW'S THE DAY OR HOUR. 

I AM POSITIVE OF THE END RESULT'S BUT HAVE HEARD WIDE AND VARIED DATES FROM SOURCES. THIS LEAD'S ME TO BELIEVE THAT ABSOLUTELY NO ONE KNOW'S EXACTLY WHEN IT WILL OCCUR.

 RATHER THAN ALL OF US KEEP PRAYING FOR THE SAME RESULT'S --WE SHOULD BE GIVING PRAISE AND THANK'S FOR WHAT IS TO COME.

THIS ABSOLUTELY HAS NOTHING TO DO WITH THE FEAR OF MONEY LAUNDERING, 2 OCT



Med (20:36:29):    I AM A BIT MIFFED BY THE PARLIAMENTARY FINANCES SINGLE STATEMENT    ABOUT NOT BEING INFORMED    FIRST OFF    THEY WERE GIVEN AN ENTIRE WRITE UP    ON THE ENTIRE PROCESS    FROM START TO FINISH    AND THE ONLY *** *** WHO SAYS HE DONT KNOW    IS FROM THE STATE OF LAW    NOONE ELSE

    IT WAS    THE PARLIAMENTARY FINANCE    WHO APPROVED THE DELETION OF ZERO'S    THIS ABSOLUTELY HAS NOTHING AND I REPEAT NOTHING TO DO WITH THE FEAR OF    ANY MONEY LAUNDERING OR ANY    COUNTERFIETING

 IT TOOK THESE ****** ALL THESE YEARS TO FIGURE OUT THAT ALL THOSE BILLIONS AND BILLIONS OF DINAR  ADVERTISED EVERYWHERE FOR SALE   ALL OF A SUDDEN MAY BE A PROBLEM  OF COURSE IT IS
     WE SAID YEARS AGO    TO SELL ALL THAT DINAR   TO MAKE MONEY SO THEY CAN PURCHASE ALL THOSE GOODS    THAT WERE NOT ALLOWED UNDER THE DFI AGREEMENT    WOULD EVENTUALLY COME TO HAUNT THEM

    YOU TAKE FROM PETER    TO PAY PAUL    AND SOONER PETER WANTS HIS DAMN MONEY    I WANT MY *** MONEY

    THEY WERE LOANED BILLIONS    OF AMERICAN   UK    EURO'S    AND OTHER TRADEABLE CURRENCIES    FROM ALL OVER THE WORLD    ON A CURRENCY THAT WAS WORTHLESS    TO THE ENTIRE WORLD    EXCEPT ON THE STREETS OF IRAQ    AND EVEN THERE IT IS NOT THE CURRENCY OF CHOICE

    IT IS EITHER ABOUT TWO THINGS    ONE OF THEM    I MEAN    THE GOVT IS TRYING TO FIGURE OUT A WAY TO SCREW THE WORLD OVER    OR    THEY HAVE SO MUCH DINAR THEY HAVE TAKEN ILLEGALLY    THEY DONT KNOW WHAT TO DO WITH IT

    IF IT DOES RV    ALL OF A SUDDEN YOU SEE MALIKI SHOWING UP WITH A MULE TRAIN OF DINAR    AND WONDERING WERE IT CAME FROM    OK THAT IS MY RANT FOR THE NIGHT    TY

    Roadrunner: I agree 152.6 % Med- it is absolutely amazing!!

    Med: LOL

    Roadrunner:    and if that was a rant- EXCELLENT!!

    Med:    OK I AM NOT RIPPING ANYONE ON THIS    BUT    WE ALL KNOW THAT *** OF DT    BOUGHT A BANK IN IRAQ    LIKE THEY DIDNT KNOW HE WAS A TRADER    I MEAN NOW THEY ARE SAYING    WAIT WHAT DID YOU DO WITH ALL THAT DINAR   GIVE ME A BREAK    THEY KNEW    AND AS LONG AS IT WASNT HURTING THEIR POCKET BOOK    AND ONLY THE REST OF THE WORLD    IT WAS OK

    Roadrunner: yes they did!! Had to have!!

    Med    THIS IS A COUNTRY    THAT ACTS LIKE THE WORLD OWES THEM SOMETHING   THIS COUNTRY NEEDS TO PROVE TO THE REST OF THE WORLD   THEY ARE NOT THE MOST CORRUPT IN THE WORLD    THEY ARENT THE MOST CORRUPT IN IRAQS HISTORY

    Roadrunner: close second then

    Med:    THAT THEY ARENT A FRIEND OF TWO OF THE WORST TERRORIST COUNTRIES IN THE WORLD    IRAN AND SYRIA    I AM WONDERING IF ONLY US ON HERE    READ WHAT BAN KI MOON SAYS IN STATEMENTS    ON WHY THEY ARE ROTTING IN CHAPTER VII

    Roadrunner: did you see Maliki's comments about Iran and Syria?

    Med: NO

    Roadrunner: and his justifcation

    macy39: I'm lurking, but taking your comments all in!

    Roadrunner:   why he is keepng them in his back pocket

    guardian's post

    Med:    OK FIRST OFF    SYRIA WILL FALL    IT WILL NOT BE A FRIEND TO HIM FOR VERY LONG    AND IRAN

    Roadrunner: agree- they are using them- Iraq

    Med:  WELL IN ANOTHER 15 MONTHS OR SO    NEW ELECTIONS    WE SHALL SEE    TD DALLAS    MAILMAN IS HITTING THE PEPTO    LOL

    Roadrunner:    hopefully a change in the guard will make things more realistic

    Med:    THEY HAD ALL THE MOMENTUM    ALL    THEN THEY BLINKED    AND MALIKI SURVIVED    DONT HERE ABOUT SADR ANYMORE

    Big: and they keep on blinking!

    Med: SURE DO

    Roadrunner: awfully quiet he is

    Med:    YUP    OK GANG

    Roadrunner: saw where he has backed off Maliki a bit

    Med: GONNA GO WATCH THE GAME

    Roadrunner: 10-4

    Big: See you tomorrow after work

    Med:    OK    GN ALL 

Franks Conference Call Replay from Monday @ 7 pm est 10/01/12

Franks Conference Call Replay from Monday @ 7 pm est 10/01/12

 Call 760 569 7699 pin 156996#  Run Time 102:21
  REPLAY LINK

MILNDOLLARBABE, SKITEALWEDROP, SATRIB, DINARDON & HISHANDS POST, 2 OCTOBER


10-2-12 Milndollarbabe: There has to be a consensus power sharing government and the National Conference is just an announcement to the world that it's accomplished. By the time they announce the meeting, they will have everything decided on. The few people I share info with give the example of the Constitution. It was agreed upon before it was signed. They have portrayed this to everyone as the end to the problems. So, it's just the big hoorah.

10-2-12 Skitealwedrop:
The United Nations makes the ultimate decision as to weather Iraq is released from Chapter 7. We will have to wait to see how the UN rules.
   10-2-12 Satrib: We need to see Talabani get agreement from Allawi at this point. The National Meeting does not depend on any of the stuff being talked about. They need to implement the agreements. That is what Allawi has said, that is his line in the sand. If we get an article stating something along the lines of a successful meeting between Talabani and Allawi, then I would suspect the National Meeting will not be far behind.

I find it a little odd that after announcing they would meet today. There seems to be no mention of it in the news today. Maliki is never going to agree to anything that lessens his power. Just not gonna happen. What we need can be accomplished either in the National Meeting or outside of it, whichever they choose. Of course, all is JMO.

10-2-12 DinarDon2:
I think the required tax and tariff laws and the International Currency requirement is not to exit chapter VII, it's to become a full Member of The W.T.O.

10-2-12 HisHands:
I am glad to see that Allawi is submitting the names. Maliki does not have authority to submit the names even though he keeps trying to do it. Unfortunately, he does seem to always come up with an excuse to decline the names. However, his back is a bit more to the wall than it has been in the past. So hopefully he will stop being the dictator and think of his people for once! Praying and hoping!

YOTA, MOUNTAINMAN, ALEX, LORIC, SATRIB, BGG, MAILMAN & WISDOM POST, 2 OCTOBER

10-2-12 Yota691: "Revealed Iraqi National Accord Movement headed by Iyad Allawi, on Tuesday, announced that it would send a formal list of candidates for the defense and communications to Prime Minister Maliki during the next two days." If I'm not mistaken, Allawi is the one that selects the list of candidates for Defense Minister not Maliki. So yes, this is Great news!!

10-2-12 Mountainman: It's hard to trust articles from the State Law Coalition but we do hope that the National Meeting will be held in the middle of the month as reported. The only way this will happen however, is if a power-sharing government is implemented. There is no possible way they will have a successful National Conference without Erbil (or parts of the agreement), put into effect. That is why this meeting has been delayed all year long and unless that happens first they will continue to just talk about it. Let's hope with Talabani's return they have made progress in that area and possibly that's what today's meeting is about. 

10-2-12 Alex38:
I don't believe the National Meeting holds the key to this investment. IMO it's just another "thing" we look at with anticipation. There have been many "things" over the years. I think this thing will just POP when it will. When? Who the heck knows?


10-2-12 LoriC: Barazani appears to be on board with the National Meeting and today President Talabani is meeting with Jaafari and other leaders to gain a consensus on the date and the issues. The UNSC is still has to vote regarding Iraq's departure from Chapter 7. Defense Ministers may be announced in 2 days, the names have already been sent and were held up due to Allawi's travels. 


 10-2-2012 BGG:
"Talabani and Hakim discuss developments in the political crisis and hold national meeting." This was Talabani’s meeting with Hakim yesterday. Notice the same setting as the several other meetings. Looks like a drive-through for meeting with Talabani!! He had them lined up and rolling through!!  



 10-2-12 Satrib:
We need to see Talabani get agreement from Allawi at this point. The National Meeting does not depend on any of the stuff being talked about. They need to implement the agreements. That is what Allawi has said, that is his line in the sand. If we get an article stating something along the lines of a successful meeting between Talabani and Allawi, then I would suspect the National Meeting will not be far behind. I find it a little odd that after announcing they would meet today. There seems to be no mention of it in the news today. Maliki is never going to agree to anything that lessens his power. Just not gonna happen. What we need can be accomplished either in the National Meeting or outside of it, whichever they choose. Of course, all is JMO.


10-2-2012  Newshound Guru Mailman17   THE ARTICLE REGARDING TALABANI FINALLY GETTING THE CONFERENCE SCHEDULED...THESE CONFERENCES NORMALLY ARE HASHING OUT MEETINGS.  THIS ONE JUST MAY BE DIFFERENT.  SHABS NOW HAS IN PLACE HIS COUNTERFEITING LAW.  THE BANKS NEEDED ASSETS TO COVER THE EXCHANGE AND THAT THE CBI TOLD THEM THEY WILL BE ACCOUNTABLE FOR ANY FUNNY MONEY.  NOW WE HAVE THE LAW.

10-2-12 Wisdom: I substantiate everything I hear/find. There is interesting news. I will not put out anything that would mislead anyone. About 4 or 5 weeks ago maybe 6 there was a press release from the CBI that they had on hand 1.3 USD per Dinar. Yesterday there was something about a 1 to 1. Believe me they are down-playing that. That is only hard currency; not withstanding any other assets. The UN is a very great marker for us. The statements being said by Moon shows that we are there. Now the announcements are another thing. The fact that all these things are coming out at the same time is not coincidence; the fact that they have a $1.30 per dollar. The fact that they have all these contracts that they are signing, have deadlines. When you hear the one to one we already know that it is worth more than that.

Finance parliamentary calls for new legislation to combat money laundering, 2 OCT


Finance parliamentary calls for new legislation to combat money laundering



While declaring the Parliamentary Finance Committee on the draft law unifying the pay scale for employees arrive from the Cabinet to parliament soon, called the National Alliance MP AMEER Mayahi, the need new legislation to combat the phenomenon of money laundering because it phenomenon that threatens the national economy to deteriorate, while the confirmed MP for the Liberal bloc Magda Tamimi "The Committee will receive a draft amendment of the law retirement during the next two days, and said a member of the Finance Committee parliamentary deputy for the coalition of state law secretary Hadi:" The draft law unifying the pay scale for employees will arrive from the Cabinet to parliament soon and said Hadi: The purpose of this project is to unite the salaries of employees in all ministries, and raise the salaries of the lower, and reduce disparities between higher grades and lower, and the abolition of Class (10 and 11) of the ladder staff salaries and added Hadi: "The Parliamentary Finance Committee awaiting the arrival of the bill of the relevant committee in the Council of Ministers, for the purpose of study, making observations upon, and in turn be submitted to the Presidency of the Council of Representatives for the purpose of submission to Parliament for a vote and was the General Secretariat of the Council of Ministers formed a committee of advisers in my presidency Minister of the Republic to prepare law a new salary scale for state employees and part confirmed member Finance Committee MP for the Liberal bloc Magda Tamimi "The Committee will receive a draft amendment of the law retirement during the next two days and said Tamimi said in a statement yesterday:" The draft retirement ready, and will be discussed in the Finance Committee Subcommittee and President, to put the minimum pensions and explained that " draft retirement will come without figures, and the Commission will develop figures in consultation with other committees competent and taking the opinion of the government, "noting:" The budget is restricted to the amount of the increase, so called a member of the Finance Committee MP / National Alliance / AMEER Mayahi, the need legislation a new law to combat money laundering because it phenomenon that threatens the national economy to deteriorate, noting that the law applied current streaked lot of mistakes and gaps, said Mayahi The law against money laundering No. (93) issued in (2004) where many loopholes can not be adopted in lost apparent increase money laundering during the current period in the country and added: should new legislation to combat money laundering because it dangerous phenomenon affecting the national economy and the local currency directly must work to control through a new law keep pace with international laws developed in this area as well as the legislative process and the country's political and was Office money laundering of the Iraqi Central Bank stressed that the law against money laundering No. 93 for the year 2004 is still in force, as revealed the existence of a new draft law is by the authorities concerned in the General Secretariat of the Council of Ministers, while a member of the Finance Committee in the House of Representatives Haitham al-Jubouri said in time earlier that the central bank froze a law 93 of 2004 on combating money laundering and punishes law against money laundering in force a fine of not more than 40 million Iraqi dinars, or twice the value of money used in the deal, whichever is greater, or imprisonment for not more than 4 years, or both for each runs or trying to manage financial transaction employs revenues somehow illegal activity clairvoyant that money used is revenue somehow illegal activity or both transmits or sends or transmitting means cash or exaggerated revenues account for some way to illegal activity knowing that this means cash or money representing the proceeds in some way for illegal activity and also punishable by a fine of not less than 20 million Iraqi dinars, or imprisoned for not more than two years, or both for each of the offers money or conceal or gloss over the nature or place or source or ownership of money , knowing or intending to, that this money is used to create for the purpose of, or the implementation of a breach of the law or for the purpose of setting or implementation to cover up the escape from the commission of any breach in the financing of crime or attempts or conspires to such activit

Deletion of zeros .. experts underestimate the effects of .. and the Central Bank considers a reformist project, 2 oct

Deletion of zeros .. experts underestimate the effects of .. and the Central Bank considers a reformist project

 increased in recent divergent statements between shows and supporter of the process of removing zeros, where researchers economists see that the process does not have any effect, whether positive or negative in economic performance in the country, and they just change the unit of measurement,

Argued that the process of deletion of zeros relating to the reform of currency and not monetary reform, pointing out that the motives of "zeroing" is not economic, but is to facilitate the accounting process.
said vice-president of our economy for sustainable development and supporting the private sector, Dr. Abdul Hadi Jabbar slave: "The process of removing zeros do not nothing more than a change in the unit of measurement, and does not involve any effects, whether negative or positive economic performance Bmngarath real, "adding that" monetary unit current value "JD 1000" will be replaced by unity new banknotes worth "one dinar" an amount equivalent to the "1000" JD substituted, and the case for the rest of the units other cash, "noting that" the process of deletion of zeros does not mean an improvement in the value of the currency, as the change the unit of measurement has nothing to do at all improved value of the currency, and the latter is linked to factors real express efficient economic performance. "
he added Aboudi's (range): "that based on the work of the Central Bank does not seek to process the deletion of zeros only, but to restructure the currency and the associated issue currency denominations large to facilitate large transactions and other categories of small to facilitate small transactions," adding that "this process they believe lead to absorb excess money supply and facilitate the task of managing and promoting confidence in local currency and to maintain relative stability in the exchange rate, but it requires economic conditions better, "and stressed that he supports" these propositions in principle ", believing at the same time that" such action is premature. "
The slave that "relative stability experienced by exchange rates dinar against the dollar was due to the daily auction, which is evaluated the central bank and not by supply and demand factors, and the index variables real economic whole lower now," explaining that "the Iraqi economy is witnessing high unemployment is no hope absorbing in the near term. and productive apparatus Poor flexibility in all sectors, particularly in the commodity sectors and for reasons associated with high production costs and weak competitiveness with imported goods, and that the revitalization drain period may extend for years to come. "
and continued that "the restructuring of the currency such This climate can not take advantage of it to promote confidence in the local currency, which could happen when you are restructuring the currency in better economic conditions coincide with the real improvement in economic indicators, and such a process involving both financial costs in the printing of the new currency or administrative costs associated replaced, and we desperately needed to ease the suffering citizens' daily, especially from low-income families, "adding" if we take into consideration that the currency Pfiadtha current functioning satisfactorily relatively there is nothing wrong to issue currency denominations larger to cover large transactions and the postponement of the restructuring process for suitable conditions more, especially since the Iraqi economy has not seen the state of stability that makes us more satisfied in the non-occurrence of future inflation. " This likely bonded to accompany the process of deletion of zeros prices Iraqi dinar exchange who will pay the price of foreign exchange reserves of the Central Bank, while caused by a placebo and not linked to improved real variables of the economy, and added, "The process of replacing the currency and despite all the precautionary measures in the climate tainted by corruption and fraud have put question marks for a possible force of counterfeit currency and replace it with a new currency. "
For his part, explained assistant professor at the Faculty of Management and Economics - University of Baghdad, Dr. Spring behind, in a statement singled out the "long", causes the supporters of the deletion of zeros, saying: "They believe that the process contribute to rename the national currency, and help stabilize the currency and absorb surplus them, and reduce inflationary expectations. "
and continued that "the supporters of this process they consider part of the monetary reform, and they limit (dollarization) in the economy, and achieve stability in the exchange rate, and reduce the cost of printing paper currency punching foreign currency." Opponents process of removing zeros, was her reasoning, too, which is explained by behind by saying that "the reasons for opposing the process of removing zeros are they considered the process an obstacle to foreign investors for the prevalence of wait and see during the period of conversion, and also the high cost of printing banknotes in the event of non-issuance of classes large currency ", and added that" among the reasons, the temporary increase in prices pending adapt to the new system, which may become a continuous increase, in addition to the costs of repeal banknotes and old coins, "adding," They expect to cause the process of deleting zeros negative effects in light of financial and administrative corruption, and create a false impression, that inflation last over, and reverse the use of coins in the case of high prices. "
explained behind that "the process of removing zeros will not have a substantial impact, whether negative or positive in the Iraqi economy," stressing that has nothing to do inflation process of lifting the zeros.
And that "inflation is associated with a wide range of internal and external variables, not the process of lifting the zeros one of them," adding that "to build on the foundation inflation to absorb currency raise zeros be Based unfortunate, fall in the nominal value of the mass cash via delete zeros should not be confused with reducing money supply through the mechanism of absorption currency which most directly affect the offer, "adding that" when reducing the money supply by 5%, for example, that an impact in the overall variables and monetary indicators and real, especially the interest rate, as well as in the overall internal balance and exchange rate and leave from the effects of the external balance, while raising any number of zeros, even if reducing the nominal value of the basis and the money supply rates are enormous, he does not have any significant impact, particularly on the interest rate and exchange rate. "
He pointed back to the that "if what happened down the dollar exchange rate on the money market Iraqi - the high value of the local currency - with the deletion of zeros, we have to pay attention to the rest of the balances of foreign assets owned by the Central Bank, which - according to our belief firm - will fall to cover the rise in the value of the dinar , and so the central bank may be sacrificed to those of foreign assets in order to achieve this improvement and not the deletion of zeros is gracious. "
He pointed out that "the process of deletion of zeros is the process relating to the reform of currency and not monetary reform, and have no effect on the level of economic performance as long as they affect in the general level of prices, including the exchange rate, not the interest rate, and does not affect relative prices will not cause an imbalance what Rates for goods and services on the one hand, and returns the factors of production on the other hand, and as long as they also do not find what prevents economically deleting three zeros or more, or add three zeros or more, "stressing that" the process of lifting the zeros will not be economic migrants, but motivated another to ease the accounting process. "
The Deputy Governor of the Central Bank d. Appearance of Mohammed Saleh was counting project to delete zeros reformer class basis, stressing at the same time the need to achieve economic stability and political and security before you start removing zeros.
Saleh said: "The process of removing zeros prepare a reformer, but require stable economically, politically and security at the same time to be start working out, "and wondered" Is the right time to implement the project?, and whether the country is ready to make this change?, these questions Mitrokan for the government to answer them, "returned the project has no value unless received political support from the Council of Ministers and the House of Representatives. He said.
Saleh added in a statement to "long": "The work in this project is supposed to start at the beginning of a new financial, ie when you begin the registration books calculations of the government, corporations and private activity in general, as the opening balances this begins the new currency" , expressing lack of belief that 2013 is the year of financial good to work in this project, expected to be in 2014 and beyond provides a greater opportunity to work on the implementation of the project to delete zeros.
and intercept the Iraq Stock Exchange on the implementation of this project, which they saw as harmful to the level of stock trading in the market Iraq Stock Exchange, Saleh pointed out as "objections are legitimate and positive at the same time, as the reason for their opposition is how to evaluate shares worth 750 fils after the process of removing zeros, you will value tenth penny, for example?!".
continued favor "I want to ask Here is there in Iraq company valued its stock 750 fils?, and is there a currency in circulation amounting to one Dinar even create 750 fils?, and how to accept stock such so prices? ", adding that" the mechanism by which followed bourse was valid in the seventies, when Iraqi dinar was amended three dollars, "at the same time demanding restructuring stock prices, and not least the share price for" 1000 "dinars, for example, or any value be reasonable. He said.
This Salih stressed that "the process reset currency are not limited to raising three zeros from the currency, but also delete three places of accounts but the same value, and this is very important for a country like Iraq handles trillions that are accounting process which is very complex," he said "The process of removing zeros contribute to raising the efficiency of the system of cash payments in the country, he handles paper large category of little value, and the goal of the project is to create a monetary system has a small class worth big cash, and this facilitates the payments system and is the economy dollarization."
In context itself, explained a member of the Committee of Economy and Investment parliamentary deputy for the Liberal bloc Abdul Hussein Resan Husseini that the Economic Commission agreed unanimously that the current situation is not suitable to begin the process reset currency, stressing the need to enact a law if the entered a third language in the new currency. Husseini said that "the process of replacing the currency contain a lot of advantages, including reducing the volume of transactions, the fact that there is a cluster of large cash in the accounting records and banking, which began panic because huge sums dealing with it," stressing at the same time that "the process does not give additional value of the dinar . "
said Husseini in an exclusive statement to "long" to "Economic Commission had not seen the form of currency new, do not know you shape will change or not?, what is the mechanism that will be followed to replace the currency?, and is hand printing?, and what are the costs ?, and the rest of the details ... ", pointing out that there are news counted unofficially that the" form of currency will be changed, and that there a third language a "Kurdish" will be added to it, and this needs to be the law according to the Constitution, "he added" So far nothing has come to the House of Representatives of any law in this regard is not from the central bank nor the government, so the process was parked almost. "
This description Husseini disparity in statements of members of the committee between dismissive and supporter of the process of deletion of zeros that "represents the opinion of the Attorney Profile, and not the opinion of the Commission , "stressing that" such a decision must be by voting unanimously, because like so things are sensitive, "adding that" any statement is a technical and non-professional and for the central bank specifically whether on currency or market currency auction, it causes a crisis in the and confusion in the market selling the dollar and a rise in prices and many other complications. "
And that "the central bank has to choose appropriate timing to begin the process currency exchange, being the most important independent and has all the powers of the fee fiscal and monetary policy of the country and control the size of the mass criticism, in addition to determining the annual interest, nor can the government or any other control work."
It is worth mentioning that the central bank announced in August last year, a rise reserves of hard currency to $ 67 billion, confirming that these reserves are the largest in the history of the country, and it is one of monetary policies to reduce inflation in the country.
announced last January, a rise in reserves of foreign currency to $ 63 billion, up from $ 50 billion year-end 2010.
central bank held daily sessions for the sale and purchase of foreign currencies with the participation of Iraqi banks, excluding public holidays, which depends where all these auctions, and be sales either in cash, or on form of remittances sold abroad. The Iraqi Central Bank has four branches in Basra and Mosul, Sulaymaniyah and Irbil. This was the International Monetary Fund "is a specialized agency of the Bretton Woods system was established by an international treaty in 1945 to work on enhancing the safety of the global economy", had crossed in 2009 appreciated the economic reforms in Iraq, and included strengthening the central bank and restructure banks large public sector , and the reduction of inflation, which reached more than 50% in 2006, also considered that the payment of Iraq dues that were scheduled in the year 2009 reflects the success of Baghdad in the financial reform policies and the exploitation of the substantial financial resources that derive from high oil prices

http://almadapaper.net/news.php?action=view&id=73398

Kuwait approves Iraq release from Chapter VII

Editorial: What of the Iraqi economy’s market economy under the tent?, 2 oct


Editorial: What of the Iraqi economy’s market economy under the tent?

Iyad Aljassani
Posted 02/10/2012 12:26 PM
1 – How Iraq entered the world of the market economy?
I find it important to start to know the reader market economy before entering to talk about our topic. Not difficult today on each of using a computer to go to the free encyclopedia Wikipedia to find: the market economy or free market economy is the capitalist economy or economic system whose economic liberalism essential component in it, and the idea of a free economy is not state intervention in economic activities and leave the market adjusts itself.
And liberalism depends mainly on the idea of individual freedom, and to find out the idea of a free economy or a market economy in a positive way the definition is that an individual is born free, thus the freedom to make any economic activity.
The definition of a market economy negatively, it means that the state should not make any economic activity can an individual or group of individuals to do. This economy based on private ownership of the means of production and individual initiative, and is subject to the interaction of supply and demand and free competition and liberalization of prices within the market and depends mainly on the private property of individuals, institutions and capital. However, the market economy does not mean in any way the absence of the public sector and the state’s role in the organization of economic life. It is useful to refer to the theories of Adam Smith in this regard.
As for the foundations upon which the economy of Iraq Everyone knows perfectly well that our economy is an economy is a product except largesse by the nature of the presence of the oil wealth depleted over time under its territory and which produce 95 percent of state revenues that depend on them overall budget fully. And the fear that the supply of oil someday through the Strait of Hormuz, which is exposed to the threat to close it all the time in the light of the next war in the Gulf region. We have seen how select Israeli Prime Minister Netanyahu a date to launch this war against Iran in the next spring through delivering his speech at the UN General Assembly last month.
The war took place, what will the Iraqis then? But here I want to cut short and remind the reader how Iraq was taken and thrown in the maze of a free economy or a market economy by force without any motive or the will of the national forces. We knew how occupied by U.S. forces of Iraq and entered Baghdad on 9 April 2003 and toppled Saddam Hussein and how he became the fate of Iraq in the hands of the Administrative Governor Paul Bremer U.S. diplomat expert not only in the economy but in terrorism and little experience in building a modern state and known for Bremer he studied History at Yale University and business administration at Harvard such as former President George W. Bush himself, who made ​​him enjoys his trust and admiration when he decided his choice to assume the presidency of the Coalition Provisional Authority in Iraq.
Hence became Bremer faces the toughest task in history . since Bremer took office as governor in Iraq and administrative faced great difficulties in the management of reconstruction work on the Japanese model or German in a country where the despot is everything in the Saddam Hussein era. Aspiration Bremer work faster and make quick decisions without regard to their practical application. He also expressed his desire to turn Iraq into a free market economy, starting with the sale of property Aldo him those decisions that were serious and fateful determined without a national government.
Because the Interim Governing Council which was formed to appoint 25 of the Iraqi figures and under the command of Bremer full became a council walking Barchadath and decisions when subjected its members to pressure the signing of the interim constitution despite reservations by them upon, because it stated that the laws and regulations, orders and directives issued by the Coalition Provisional Authority , will remain in effect, including Bremer’s decision No. 39, which is of the Iraqi constitution old even open the door to foreign investment in all sectors in Iraq to have 100 percent ownership of Iraqi companies, except companies operating in the natural resources sector any oil, as well as the treatment of foreign firms an equal footing with local Iraqi companies and give them the right to take profits, out of Iraq with allowing foreign banks to enter Iraq and ownership of local banks also 100 percent to open the way for the privatization of the Iraqi economy. In this way, the public sector was liquidated economic system was changed in Iraq, which was the property of the state of the capitalist system to a market economy.
That the reasons under which took Paul Bremer decisions to change the Iraqi economy is influenced by the most prominent who promoted this concept, but is Philip Bobbitt of neoconservatives, who said: “The nation-state Nation State will drift from its place in the twenty-first century to be replaced by what he called the state of the market Market State which he says they state borders and political system, like the nation-state, but will move the Msioulyat essential government to the private sector.
Is that the principles of market economy achieved benefit of the people of Iraq? Will able Governments multi since leaving Bremer and after the withdrawal of U.S. forces became capable to act wealth of the country or is it left to companies and foreign organizations the freedom to work and act wealth Iraq without allowing these governments be directed wealth to support the industry and reconstruction and helping the poor? It is understood that the Ministry of Industry, Ministry of Ibrahim al-Jaafari previously started in business privatization of eight companies from the public sector companies and sold. We do not know the fate solution out and who seized. said Iraqi Minister of Industry at the time that the country needs to build a new state affects the change all joints of life, including the economy.
everyone knew exactly how devastated the economy in Iraq and what has been privatized has become looting and locations of corruption., who keep a record of looting in the Integrity Committee in the Iraqi parliament in corruption cases in the rest of the provinces ستصيبه shock from the horror of what recorded robberies and failed projects at the time of the market economy in Iraq. has exited the Iraqi draft constitution, carrying Article 110, which states : “that the government and federal governments producing regions and provinces together will draw up the necessary strategic policies to develop oil and gas wealth to achieve the greatest benefit for the Iraqi people, relying latest techniques of market principles and encouraging investment.”
Hence we know that the principles of free market means delivering the country’s fate in the hands of foreign companies do not unrelated to the interests of Iraq and Iraqis. FIA considers it would defend these interests after received these companies nerve Iraqi economy and seized control of the oil wealth and controlled the destiny? will not forget how focused Bremer to call for the study of privatization Iraq’s oil industry government-owned, and opening to foreign investment by that holds the Iraqi government permanently in governing the country. has reached the number of decisions taken by Bremer to 98 decision weeks before leaving his duties in Iraq and I am not here studying these decisions serious known to all. never forgot Bremer until Multi taxes which issued a law specifying the 15 per percent maximum tax, in line with the policy of privatization of the Iraqi economy, which turned whereby more than 500 state-owned enterprises to the private sector.
what achieved by Iraq permission from the market economy? The answer came from Bremer himself in his book which was released two years ago under the title: Ami in Iraq, which drew the most criticism to Iraqi politicians working to take care of the market economy today and benefit from the looting of wealth and many examples are innumerable (1)!
2 – Iraq and the chaos of the market economy
After that follow the economic news in Iraqi newspapers and statements by Iraqi officials in the Parliament, we learn the aspects of chaos the Iraqi economy, which attest to the lack of experience Almsiwoln entrusted to them Almsiwolh addition to weak government measures that hover around the scourge of corruption scandals devastating march the country’s economic. Not possible knowledge of all aspects of this mess, but I will follow what comes news about the crucial issues of interest to the Iraqi citizens and the country’s economy.
Will not go away Vsakedm another reader regarding issues of the Iraqi economy, but which was heard by everyone on the draftAct made ​​by Prime Minister Nuri al-Maliki to parliament recently.
He stressed economists that despite the importance of this law to bring more of the operating companies advanced in establishing projects strategy could benefit to Iraq in the future and the pursuit of law to establish important projects of the country by international companies, but it could clog the country indebtedness extra by the principle of payment on credit, which can be large and would have on the country for the benefit of companies that will work within the law, suggesting that is achieved number thoughtful of projects each year, provided not affect the budgets of the country’s financial, and only a burden on Iraq’s revenues in the coming years (2 ).
Through this approach, we find that economists have given the alternative for this project to be timid and without stirring. As critic Adnan Hussein has warned of the fall of the law at the mercy of thieves Baghdad and the scourge of rats corruption when he wrote sarcastically: Certainly we need to comprehensive national program and quick to set up infrastructure.
Need major projects for electricity and drinking water, irrigation, industry, agriculture, oil and minerals, transport, environment, telecommunications, transport, health and culture, education, literacy, housing, sanitation, training and rehabilitation. That most objectors objected that the law could open the door to financial and administrative corruption welcome from the current doors open do Msariaha knowledge and familiar masters of the state and with the full involvement of some of them.
The past ten years almost lost, nothing of value done by successive governments. Projects targeted by the law would cost trillions of dollars. To ensure that you go infrastructure projects to companies sober and guaranteed, safe and reliable would be required to verify the state in all cases financial and administrative corruption that has wasted hundreds of billions of dollars in less than ten years only, Fjrman corruption at large will remain lookout for infrastructure projects.
As one lawmaker said in parliament that he keeps files show levels of public spending in the country and the size of the corruption that nation affected.
He stressed that “nearly $ 600 billion spent by successive Iraqi governments since the Governing Council Bremer and so far polyvinylchloride general of the country,” adding that this “amount equivalent to the money spent on updating the countries of Europe and developed since 1960 and until 2006 (3).
This project did not come from a vacuum, but that the state began allocating huge sums in order to attract companies to invest in Iraq. has said Planning Minister Ali Yousef Shukri allocate $ 275 billion of investment over the next five years. He explained during his participation in the conference of finance and investment, which was held in London between 18 and 19 of the last month that the allocation of these funds will have a positive impact on the pay and the pace of development to Imam these amounts came under preparation and the Ministry of Planning Development Plan for the years 2013 to 2017 and that will give the investment area large, well, inviting foreign companies to take advantage of these opportunities (4).
Hence, we find that our minister has opened the floodgates to foreign companies to invest in Iraq during the next five years at a time when the economy is still Iraq lacks more ingredient in dealing with these companies. .
So why all this mess and where our experts Iraqis them? in a debate with me one economist Iraqi Kamil Adhadh on the subject of market economy and law structures greeting mentioned thanked him for his values ​​that allowed me to summarize it as follows: see advocates free market economy that order do this market should check the conditions, inter alia, to provide the infrastructure and complete information to producers and consumers with the availability of their awareness, but the question now is available such conditions in a country like Iraq after the occupation and before when he was living under an economic blockade of an international for 17 years? Of course not.
In a country with a yield depends on depleted resources are oil, owns and manages the government’s vast resources, but is located on this government has an obligation to employ them and invested for the purposes of industrialization and development? If Iraq weak in its infrastructure must play key roles in government guidance and development of the economy as a prelude to the development of the private sector.
Hence we conclude that the invitation to the free market at this stage is to invite subversive aims to open markets Iraq against imports capitalist countries, particularly the United States Add to this that the political process has mortgaged the forces of sectarian factional failed and incompetent, which led to a coup things Tdahr economy and industries Local and agriculture, among others. No permission from the rational numbers Act funded infrastructure lending and isolation from the national development plan and development away from the perception of a comprehensive development plan financed mainly from oil resources (5). .
And communicated to us News Network Iraqi: I have accounted for Multi law infrastructure interest economists and stakeholders from parliamentarians and government officials what prompted the institute Iraqi economic reform to hold a seminar was during discussion of the draft law, because of its importance in the process of accelerating development programs of economic objectives, has included seminar study by economist Dr. Kamal Al-Basri, select which benefits law infrastructure, and focused on the need to adopt the principle of private sector participation for the year also criticized many aspects weak when stressing that the consequences of this law right will be a heavy burden additional to the ministries or agencies technical entrusted with the administration requirements this law. As the Angels ministries present time does not have sufficiently advanced skills which leads to poor performance in quality and quantity.
As that of the consequences of this law to deal with financial institutions world with devices advanced technical, and because of the scarcity of talent the current time was better that law contains explicit work on the formation of a body or council for reconstruction is machined away from the pattern formation of ministries or functions public subject to quotas, stressing that this body requires attracting the best talent Iraqi . He says: that the absence of such a body to keep the door open for negotiations with companies and institutions disproportionately.
The case diagnosed in such acts is the absence negotiator who speaks the language of negotiation of technical and economic, and the study concluded that it is the right to allocate paragraphs in the law to curb corruption Lieutenant for decades, as reflected in the draft law of oil and gas, which stipulates the draft on the grounds contracts void if corruption is detected (6) .
As for the crisis in the country’s oil industry where oil did not begin until the day the law of oil and gas Maliki’s government has sought to finally adopt a policy to address the chronic problems.
But despite all attempts, there there are many doubts about the possibility of success. It was agreed to form a committee composed of six members, headed by Deputy Chairman of the House of Representatives Qusay al-Suhail of the Sadrist movement and the membership and oil minister in the federal government and the Minister of Natural Resources of the Kurdistan region and three deputies from the major political blocs. The task of the Six-Party Committee in the selection of the draft law, which parliament must be discussed (7).
As for the tragedy of the destruction of local production factories, Iraq has witnessed a major disaster as a result of dumping of products imported window to bad acting and made ​​vulnerable Iraqi lives at risk which affected negatively on domestic production activity.
The bore , an economist Jalil al-Rubaie responsibility of the government flooding the market these goods poor and others to meet international standards, due to the lack activated important laws for the national economy and limiting the entry of poor into the country . He also said that the responsibility of the phenomenon of dumping local goods shoddy and that are imported from the origins of non- known is because of the imposition of government controlled full of border crossings and the absence of legislation the legal limit the breadth of this phenomenon, as the standardization and quality control and the law of consumer protection and tariff .
added: that the product Iraqi suffered a lot of circumstances that caused away from local markets since the eighties of the last century and so far as a result of wars and the siege over Iraq, calling for the rehabilitation of laboratories for the purpose of producing put local products of good quality and meet international standards to the Iraqi market in order to compete with foreign product and excel.
On the other hand is another unfolding importance to us chaos import and the role of the private sector companies in Iraq owned by the leaders of political blocs and senior Iraqi leaders in the pyramid of power themselves and us a clear example of the telecommunications companies in Iraq today. Iraq has seen a major disaster as a result of dumping of products imported window to bad acting and made ​​vulnerable Iraqi lives at risk as well as his legacy remnants of war radioactive materials are the most dangerous (8).
What about the development reality in Iraq? The low development projects in Iraq due mainly to a number of reasons comes in the forefront of decline side productive and stop industrial and agricultural projects, and has prescribed Iraq to revive those aspects across a number of important measures Kalmpadrh agricultural and allocate financial loans for industrialists, criticized President assembly Iraqi industrial Abdul Hussein Al Shammari The process of granting loans to industrialists and agricultural alike are confronted handicaps routine many resulted in a clear decline in the volume of production projects in the country, explaining that the cons so it on the economic reality in general is great, especially since the decline in industrial production will increase the volume dependence on imports of industrial flooded the local market and thus missed the competition and stop production.
Shammari believes that failure to overcome these obstacles will increase the gloomy economic picture in the medium and long term, pointing out that this matter will increase the size of unemployment arising from the disruption of industrial projects and the survival of near-total dependence on imports from abroad.
It is worth mentioning that Iraq suffers from stop nearly 90 percent of its projects productivity as a result of open borders wide open to entry various kinds of goods and commodities, as well as the absence of government support necessary to revive this reality through grant loans and land to set up factories able to meet the needs of the market, which caused extensive migration of many industrialists to work outside of Iraq, as well as the increasing number of unemployment due to lay off hundreds of workers in factories and laboratories in the private sector.
He estimated Iraqi Federation of Industries industrial projects stalled by 40 Alpha, pointing out that more than 80 percent of the factories turned off from work since 2003, due to power outages and scarcity of fuel and the high cost of transport and the lack of raw materials, as well as migration of the owners of capital. He explained economist Star Ani that Iraq has 18,000 industrial project special full incorporation, but mostly depends on production or work cards low productivity, and there are 14 thousand industrial project under construction is not completed established for several reasons.
Pointed out that the most important sector’s problems of high fuel prices , and hence the cost of production, and the inability of the local product on price competition with similar goods imported, and the weakness of the instrumentation and quality control, which led to the entry of industrial goods is to meet international standards to compete with domestic goods that are committed to specifications approved globally or locally. News indicate that the Iraqi Grain Board bought 150 tons of Russian origin wheat in the international tender closed this week (9).
3 – Evolution capitalism crises maker.
Most economists acknowledge that the financial crisis faced by the world and in particular capitalist countries, did not come out by the Department of periodic crises that do not extradite them the free market and capitalist economy. What the world is witnessing a result of the financial crisis has made theories of capitalism and free market economies stands at stake because capitalism is determined by private interest, they are separate people and turn them into enemies competitors or Mtsaraein, for the most sacred sanctuaries capital a profit, so in their quest toward profit , the capitalists trample on all human values, the fate of the people who are in their surroundings, their country, or the humanitarian community as a whole, do not care at all, they put their selfish interests above all else. It is likely that the disastrous social consequences of the global economic crisis will not have a capital alone, as well as the free market, the final word in deciding the fate of mankind. Vallibralah unrestricted economic and undisciplined but the laws and rules of the market, she’s theory untenable long (10).
Despite all these financial crises experienced by capitalism in the world and the chaos that came out of the market economy does not appear on the capital today is any indication Anahtatha so it has not deviated toward socialism advocated by Karl Marx by more than a century and a half. After more than 150 years the Communist publication, which was announced near the dissolution of capitalism, it is still more powerful and effective than any other system. Not surprisingly, to return its capitalist and find them in the Arab Gulf countries today strong rules for prosperity and development as we see in Dubai, Doha, Kuwait and Riyadh, but in Baghdad with chronic corruption cancer (11). .
And us in the suffering of the economy of Western capitalist countries a good example where the experts are busy, economists and Western politicians and writers today in the study of the causes of the financial crisis experienced by the Western capitalist system in the euro zone and decisions issued around. And most refuse the argument to blame financial systems and budgets member states EU debilitating culture of indifference or corruption in countries Mediterranean as they look to save their currency euro after abandoned their national identities, which have become the rule forgetfulness and walked towards the adoption of global policies more comprehensive policy but looks far from sound technocratic nor benefit from the political point (12).
Nor inevitable in front of Iraqis today after entering the economy market economy devastating controlled global capitalist system maker crises only by the economic system new political order in Iraq based on the re-distribution of wealth in a fair and implementation of decisions under which the exploitation of this wealth and transformed through the tools and techniques of effective that would that serve the interests of the public good. And there is no need to wait for the revolution because they are present in each of us the same. Through these efforts we will reach a post-capitalist world (13).
In conclusion has been shown to us which provide that the Iraqi economy in a market economy is suffering from high inflation, which reached 14 percent of last August and a draft budget flaccid worth 118 billion for 2013 include investment projects worth $ 45.5 billion and a deficit of $ 15.5 billion with $ 100 A degree and new career. the current structure of the Iraqi economy is that this rentier severe economy works on two contradictory firstly: the state dominates the economy 80% of GDP or income-generating national mention his direct responsibility in the supply of 99% of inflows into the country from criticism, and other extreme: a market economy, which has partial economic and effectiveness biggest in the administration of indirect results state economy reflected by the general budget through their colossal which constitute 60% ​​of total public spending.
In equation dominance of the free market with the absence of vision is important for strategy development, development and advancement of economic reality, turning the economy into a bilateral severe of rentier in the supply of foreign currency to foreign trade and finance import trade nature of consumer pure and give domain for profit opportunities and the best investment in foreign economies and make Iraq an incubator for consumption and collection of wealth and exported to kegs outside the country . crossroads desperately need to force the decision illustrates the general lines of the Iraqi economyIn an economic system unfinished features and Atjahth and Aadiologgioth always talk about the transfer of $ 180 billion between the years 2003 and early 2012 after spending $ 450 billion over the budgets of the same duration was not benefiting the economy development of the absence of curriculum development and Mnachadtha attractive in the country live on oil resources, its consumers are at home and Mdkhrōha looking outward.
Unless resolved the economic vision of this contradiction today before tomorrow, and release mechanisms of the free market as desired emerging economic powers after the year 2003, the results of economic stability will continue vague and would be disastrous to the stability of prices and the standard of living and are obsessions daily painful life economic capturing Iraqi and Pan economic activity ( 14).
This was a study brief coup in the history of the Iraqi economy after a Ntqalh to a market economy with a few examples of the reality of economic life in Iraq under the tent of the capitalist system, who wanted Bremer to enter Iraq to the world of free market economy at the hands of the occupiers Americans who left the country under a tent chaos of the market economy. No market economy achieved for Iraq economic growth real Ten years ago almost no good life dignified Aomcharkh real vast oil wealth to the Iraqis that are promised by every day and success in the march of democracy imported wanted former President George W. Bush to reform the political reality corrupt and that became a disaster for Iraq and Iraqis in a market economy fake and political conflict that knows no mercy and wastage of a culture of ethics of citizenship between the new Iraqi politicians in the political process along with the loss of security and the continuing bloodshed Iraqi daily and the failure to provide urgent services that Iraqis still dream of achieving.
* Ph.D. in economic history – France
Club member Diplomatic Academy Vienna – Austria
Sources:
(1) – Ayad Aljassani: the occupation of Iraq and the U.S. draft democratic reform – Facts and illusions – Arab Book House – Baghdad’s Mutanabi Street 2008.
(2) – Iraqi al-Sabah newspaper 22 September 2012.
(3) – Adnan Hussein: infrastructure and rats Babinaoz September 24. And Iraqi newspaper Evidence: Iraq’s expenditure during the nine years the equivalent of what it spent in Europe 46 years September 26, 2012 .
(4) – updated five-year plan imposed by the vagaries of oil and the global economic crisis: Naseer Goldfinch in life 23 September 2012
(5) Iraqi economic expert, Dr. Kamel Adhadh in person dialogue with him from Lebanon on the Internet September 26, 2012 – see the network of Iraqi economists for more than the opinions of the expert.
(6) economic news in the Iraqi Media Network: Experts: Infrastructure Act can not be delayed for cost economic development 25 September 2012
(7) – Walid Khadduri: attempts to cure the problems of Iraq’s oil in the life September 23, 2012.
(8) – Economist: Government responsible for flooding the market with goods newspaper morning September 22, 2012
(9) – Al-Sabah: low growth rates resulting from the decline in productive projects and Reuter Sept. 18.
(10) – Khalid Walid Muhammad: a market economy and ethics platform freedom 14 January 2012.
(11) – Ibrahim Kubba: Studies in the History of Economics and Economic Thought p 514 and Iyad Aljassani: oil and economic and political development in the Arabian Gulf PO 125.1982 and Morris دوفيرجية: orange trees on the shores of Lake Albalton, in his valuable book in French which he criticized the irony policies former socialist Soviet Union, which was traveling in and they just as if they wanted to instill orange trees on the banks of salt Albalton lake r 89, 1980.
(12) the policies that destroyed Europe: U.S. magazine Alforn Affairs – in an analytical study of the book under the title: save Europe author Carlo September Bstasen 2012.
(13) British newspaper The Guardian: Beyond Capitalism August 23, 2012 ..
((14 d. appearance of Mohammed Saleh: Equation lost in the Iraqi economy: resolve the contradiction between the country’s economy and the dominance of the free market? independent press agency May 18, 2012) and (economic news bulletin September 2012). .
http://bit.ly/QAGtPV