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DINARESGURUS.BLOGSPOT.COM_________________

Tuesday, November 27, 2012

Parliamentary Finance: the next budget will be free of zeros, 28 nov

Parliamentary Finance: the next budget will be free of zeros
BAGHDAD - World
Parliamentary Finance Committee announced, Tuesday, that the budget for next year 2013 will be the new currency after deleting three zeros from the current currency, arguing that the reluctance of traders and companies from trading in the Iraqi currency behind the adoption of the Central Bank project to delete the zeros.
Said committee member Najia Najib said in an interview for "Alsumaria News" that "the budget next year will see a deal in the new currency after deleting three zeros from the current currency," indicating that "the process of switching the currency and delete the zeros will take nearly two years after the preparations for the process, which began over a year ago ".
The answer that "the Council of Ministers approved during a meeting with the Governor of the Central Bank on the project to delete the zeros and switch Iraqi currency after deciding earlier to wait the project as a result of the high price of the dollar in the local markets over the past months," noting that "the project to delete the zeros and the currency exchange aims to restructuring of the Iraqi currency and a way that is consistent with doing business in Iraq, internally and externally. "
She stressed that "the Finance Committee and the central bank agreed at its last meeting to be next year as the date to start deleting zeros and be balanced in 2013 in the new currency only if there is an obstacle transmitting without it," emphasizing "the need to support the government and parliament of the project to restructure the Iraqi currency."
Naguib considered that "the reluctance of traders and companies for the use of the Iraqi currency and trading may push the central bank to adopt the project to delete the zeros", stressing that "this project would reform the system of currency management and ease of use."
http://www.alaalem.com/index.php?aa=news&id22=48665t

THE VND HAS BEEN SITTING AT $2.08 TO THE USD OFF AND ON ALL DAY TODAY AND YESTERDAY, 27 NOV

[flashing] this rumor was brought to me by willem71: chapter 7 is lifted coming thursday and will take 72 hour to go live with a rate of 3.47 thats a fact. sunday at 3 pm. greetings from the netherlands

11-27-12 Blaino: TOMORROW MAY BE THE FULCRUM UPON WHICH OUR FUTURE TURNS, REJOICE AND BE GLAD OF IT. I AM WITH MUCH KNOWLEDGE, THE TELLING OF WHICH MUST AWAIT THE FULLNESS OF TIME AND THE TURNING OF THE MARKERS BUT THIS IS THE SUM OF THAT WHICH CAN BE SHARED: THOSE WHO KNOW, SAY THAT WE ARE INDEED UPON THE BRINK IN MANY WAYS, THE FOLLOWER MAY BECOME THE LEADER, THE VALUE OF THE FOLLOWER, ONCE BECOME THE LEADER IS TEN FOLD THE EXPECTED, AND OPENS THE GAME! THE LEADER IF CONVERTED TO THE FOLLOWER WILL BE RESTORED TO FORMER POSITION AND BE INCREASED IN A SMALL WAY FOR THE TIME SPENT CHAINED. 

THINK ON THIS AND THE UNMENTIONABLE TRUTH WILL BE REVEALED TO YOU, BUT QUERY NOT IN A PUBLIC WAY ON THIS, ELSE ALL MAY BE LOST! BE STILL AND THINK, FOR THE PURPOSE FOR ACQUIRING KNOWLEDGE IS TO USE THAT KNOWLEDGE TO THINK. YOU ARE CLOSER THAN YOU MAY KNOW TO THE PINNACLE OF THE PROMISE. CONSIDER ALL OF THIS IN SILENCE AND GATHER YOUR STRENGTH, SUCH AS YOU CONCIEVE IT TO BE, FOCUS THAT UPON THE GOAL AND ACCEPT WHAT COMES YOUR WAY, EVEN NOW. I THINK WE WILL SEE IT VERY SOON, NOT AFTER THE 1ST OF JANUARY! WATCH OUT FOR CONFISCATORY RATES (TAXES)!
 
THE VND HAS BEEN SITTING AT 2.08 TO THE USD OFF AND ON ALL DAY TODAY AND YESTERDAY. THAT MEANS THAT LAST WEEK YOU GOT 20,755 VND TO ONE USD. NOW YOU GET 2.08516 VND TO ONE USD OR ABOUT 48 CENTS AND CHANGE FOR EACH VND. WAY BETTER THAN IQD FOR INCREASE IN VALUE!!!

MORE DISCUSSION OF MED, 27 NOV


med (13:33:41):    hey hey    hey ummmm noone complained or anything    but i want to say again    and not because    she was right    cuz she wasnt    but    i was a bit harsh on bondlady    the other day    well alot harsh    and i am truly sorry

    she appears to be a fine person    and i do have a tendency to jump on things quick    mostly cuz it confuses people    and then i have to do damage control

    this was not a major issue    it was just a mistake    and i have made alot of my ow    i shouldnt have commented    in the way i did 

  again i apologize to bondlady and wish her the best and keep up the great work

    the end.

    we gang are in a situation    or we are caught watching one    we have now saleh reminding us    that the deletion of zero's is coming in the near future
...
Read More Link On Right

     now gang for me near future is not next elections    and right now    the iraqi people are angry    very angry

    first nothing that maliki has promised came true    no surprise their    and then probably cuz mail is still delivered by the camel express    thru out iraq

    the people are just now realizing that someone is stealing their money    mr maliki is in real trouble here    a quiet trouble    but much bigger than he ever was before

    this is all investigations being done as we speak    and they are going through everything right now i am sure  there was no way to continue robbing this country of its assets indefinately    no way    especially since    maliki is not a dictator yet

    and we are holding him in check    to a point    with chapter vii    plus    the fact we have told maliki that no iraqi troops will enter kurdistan

    and now the turks    have offered to pummel the iraqi army    if need be    and that came from the president of turkey    who is an ally of the u.s.

    that is kind of the mid day report for you all    i dont have a weather girl    plus    probably noone here    ok    med out

    jesse888: i am

    ksdunlap: thank you med .. i appreciate it very much

    med:    hi jesse    ksd    i know you do

    shriner5: we are here

    med:    lol    hi shriner

    scratchankle kid: great job pal

    shriner5: hi

    med: ty scratchankle kid

    harleybro: thank you med

    med:    ty harley    i cannot stress enough ok    and this is really important    it is now the politics    that are the most important issue right now    and getting this straightened out    now iraq can delete the zero's    under the current conditions

    but    i believe that the u.s. may not allow us banks to exchange    if they are in turmoil    as they are    and they would have good reason    if they took the dinar in    and then it plummeted    it would devastate many of the banks    in the us

    remember what happened to iraq    when iran got involved    and syria    the riyal plummeted    and all that the iraqi's were holding    became worthless    and it was backing the dinar

    so the dinar then plummetted    it was not the only thing in the reserves    but it did hurt    ok now all done    med out

    ksdunlap:    thank you    enjoy u'r day

    med: ty

    shriner5: thanks med. a lot of truth in that

    med:    ty    what transpires    over the next month    will determine how long    we are gonna wait    swift action needs to happen

    the people need to hit the streets    and protest like there is no tomorrow    the kurds and list    and sadrists need to push in parliament    to bring maliki before them

    also talibani   who apparently realized those werent peanut m & m's in his pants    and found out he has a set now    ok for the 4th time    med out

    ksdunlap good one

    med:    lol    ok gonna take a nap    later gang

DISCUSSION OF MAILMAN, 27 NOV


mailman17 (11:13:59):  morning    put enough bait out and its only a matter of time before the rat bites    morning    been laying back watching you guys the past couple weeks
    hey all    did i not say the no vote was not dead?    yet

    aunt gwennie: yes you did

    mailman17: did i not say that they would let maliki do what he must....to hang himself giving time?
    aunt gwennie : 22 bullet would be better

    mailman17:    med touched upon a very important thing    the release of new notes    and that    is what i was waiting for    and i agree wholeheartedly

    why the **** would you release just    the 250 and 100    1000    and not apply a newer rate to coincide

    aunt gwennie : not many have the 24k note maybe

    mailman17: exactly
    aunt gwennie: opps 25k

    mailman17:    we have always stressed    shabs plan    as intricate as it is    taking is the large    slowly    but surely    and forcing the new rate alongside with the new notes    now
    aunt gwennie : i got to go...bye
     mailman17:    the 250 and 1000 at 86 cents    later    alongside the smaller notes    would more than accomodate an rv    and now that maliki is right where he should have been years ago    especially with his kid in the mix    and the na now taliking with a very pissed of kurdistan region    and as med said as well    talabani is livid    we just might see malikis demise

    busman: just how much can these people take?

    mailman17:    and then theres little ole chimp boy sadr playing in the corner of the cage saying....let me in    again    as med atated and guardian and the other newshounds    the people are taking notice    this    is what i was waiting for

    busman: you think finally

    mailman17:    i do    bus    you gotta remember    this is a global realignment    a major move    big money    in all aspects    we have always said this has to be done on their schedule...not ours    our job    was to try to figure out their timing

    busman: could this be the start of a global revalue?

    mailman17:    damn    not global so much as what the dinar introduces on a whole    this always had a impact we could only imagine    we are nothing to the grand scheme    but

    busman: ok, i see where the euro countries worked a deal with the imf for greece

    mailman17:    we will prosper    yes    and the imf and the euro countries are broke...yes?

    busman:    yes    so they say

    mailman17:    so where is th e influx coming?    they are    read their financials    we knew all along

    busman: ok, so is it china

    mailman17: yes

    busman: or russia

    mailman17:    but china is fine    they are pkanning for the future    as is    everyone    planning    this took time to unfold    and a lot of monkey wrenches    lots

    shabs    whatch him come back in a fury    jmo    and corruption    will be dealt with accordingly    the na has been very quiet    even after meeting with allawi and barzani

    they all knew they must let maliki deal his own hand    it took time    but the fact that the dinar has always veen on track    meant they must move things along.,....an quickly

    pissing off barzani was not a good thing to do    and moving forces in was a dictorial mental mishap on maliki

    busman : did you see guardian's post about a uk company doing their printing?

    mailman17:    yes...i read everything    (6)

    ksdunlap: lol

    busman: i know, any thoughts

    mailman17: gettin there  this is where deals will be made

    polarbear: bus you are thinking faster than mm17 can type

    mailman17:    maliki is in a hole    and now his son is there too

    busman: i always think pb

    mailman17:    will the immunity law be passed to cover not only maliki but his son and what will maliki give up to get it?    then theres the budget    hmmmmmm    i normally dont advertise other forum leaders

    busman: imo, i still think the hague will go after m after he is out of office

    mailman17:    and my respect for those are far and few     between    but i do respect bond ladys opinion    as her opinions are based on what we belive here    facts    she opened up a can of worms    and it was a good can

    busman: med closed it fast

    mailman17:    also    not closed    just left out a detail    she jumped    but it was a good jump    her thoughts led to thinking    and investigation    iraq and the dinar is and always will be one misleading tit for tat    always has    we go by facts and articles    not too many forums do that    we are the best...imo

    busman: i agree

    ksdunlap: yes we are

    mailman17: the other thing that intrigued me was the absence of articles e and f from the purportedly budget

    busman: because i don't go any where else

    mailman17:    just what was in those 2 items    i read a lot bus    i may not agree with the majority

    busman: i know mm, so do i

    mailman17:    but i dtill read everything    iraq will have no choice but to lay this out    for us to get    and we will get it....

    i truly appreciate anything that comes my way regarding this investment    always did    from day 1    i take most with a grain of salt    but some    get my interest'    and that i pursue    not rumor    fact

    busman: do you remember the 15.5mil iraq gave to delarue, i think it is starting to surface

    mailman17:    i do and i belive i said it would...    again    it the whole picture    not just 1 thing

    busman: of corse you remember we talked about it for hours one night

    mailman17: <)

    busman: no smoke breaks(lol)

    mailman17:

    i think we stand pretty damn good for this to come by jan 1    i think i said that before...lol    they have a ittle over a month    get r done    then    we cash in

    busman: you have a couple of times,lol

    mailman17:    did i mention to stay away from 3rd party entities?    (6)    wont name names of course(6)

    busman: again a couple times

    mailman17:    just checking    anyway

    ksdunlap: (lol)

    mailman17:    its deal time    steam is rolling in iraqs engine,,,let it gather up and we shall see what happens    real bad    any questions    before i take off

    busman: i know m wants to be a dictator, but i don't think it's going to work

    mailman17:    no way bus

    but like everything...especially such a transference of wealth...it must be dealt with accordingly

    busman: just look at eygpt, the people are going crazy over mortsi

    med: hey ds

    mailman17: med

    gop: hey mm17.. was just thinking this morning i had not seen you for awhile!!

    mailman17:    been here every day    just waiting    wanted to see how you guys faired

    gop: as we all are.. i did see your comments on some posts so knew you were around

    med:    did you see salehs supposed comments    to the media    on the deletion of the zero's    it is the same statement    made by shabibi    in july 2010

    polarbear: yes med i have been dealing with mom and kids more than usual sorry for not being on more

    mailman17:    yes    but now go to the issuance of the new notes

DINAR GURUS UPDATE, 27 NOV


11-27-2012  Newshound/Intel Guru BGG   The parts of Chapter 7 that are pertinent to us in this investment are already satisfied, the financial parts.  The main reason that the U.N. is not letting Iraq out of Chapter 7 is because they are going to leave the "use of force" clause in there until Maliki is dealt with, period.  Iraq, Maliki in particular, has danced a jig to get out of Chapter 7 because they want to overrun the Kurds, snatch up the oil rich territories without the interference of the U.N. and the U. S.  and that is obviously not going to happen.  [post 1 of 2....stay tuned]

11-27-2012  Newshound Guru Mailman17   now that Maliki is right where he should have been years ago especially with his kid in the mix and the NA now talking with a very pissed of Kurdistan region and as Med said as well Talabani is livid, we just might see Maliki’s demise.   you gotta remember this is a global realignment a major move, big money in all aspects...we have always said this has to be done on their schedule...not ours.  I think we stand pretty damn good for this to come by Jan 1. They have a little over a month to get r done then we cash in.  [post 2 of 2]

11-27-2012  Newshound Guru Mailman17   Put enough bait out and it’s only a matter of time before the rat bites. Hey all, did I not say the no vote was not dead? Did I not say that they would let Maliki do what he must to hang himself giving time?  Med touched upon a very important thing - the release of new notes and that is what I was waiting for and I agree wholeheartedly. Why the **** would you release just the 250 and 100 1000 and not apply a newer rate to coincide?  The 250 and 1000 at 86 cents later alongside the smaller notes would more than accommodate an RV.   [post 1 of 2....stay tuned]

11-27-2012  Newshound Guru Med    6 YRS THAT COULD HAVE BEEN BENEFICIAL TO IRAQ AND IT'S PEOPLE HAVE BEEN WASTED AND HUNDREDS OF MILLIONS OF DOLLARS AND BILLIONS.  EVERY SINGLE MEMBER OF THE GOI AND EVERY SINGLE MEMBER OF PARLIAMENT SHOULD BE AUDITED BY AN INDEPENDENT GROUP CUZ OBVIOUSLY NO ONE IN IRAQ CAN BE TRUSTED.   THEY HAVE STOLEN ASSETS FROM THE OIL REVENUES.  IT WAS AND IS THE ONLY REVENUES THEY COULD HAVE TAPPED AND ALSO THE ONE THING THEY DO NOT WANT TO GIVE UP EVEN THOUGH IT IS MANDATED BY THE IMF.  [post 4 of 4]  

11-27-2012  Newshound Guru Med    THEY ARE NOT ENTERING THE WTO IN 2013, SO WE CAN FORGET THAT.   THEY WILL NOT EXIT CHAPTER VII WITH MALIKI AS PM.  BAN KI MOON DOES NOT TRUST MALIKI NOT ONE BIT AND AS LONG AS HE DOESNT TRUST HIM AND WE AND THE UK DO NOT, HE IS NOT GETTING OUT OF CHAPTER VII.  FROM THE SECOND HE STOLE THE ELECTION AND,  I MEAN STOLE IT, IRAQ WAS DOOMED.  [part 3 of 4....stay tuned]

11-27-2012  Newshound Guru Med   MALIKI IS PM YES, BUT HE IS ONLY THERE BECAUSE THE NA LET HIM...THEY CAN REMOVE HIM  WITHOUT A VOTE OF CONFIDENCE.  THIS WAY THE ENTIRE GOVT WOULD NOT BE TURNED OVER.  IT IS UP TO PARLIAMENT AND PARLIAMENT ALONE TO MAKE THE MOVES TO STOP WHAT IS GOING ON  RIGHT NOW MAJOR VIOLATIONS OF THE CONSTITUTION ARE TAKING PLACE AND PARLIAMENT NEEDS TO BRING MALIKI BEFORE THEM  TO BE INTERROGATED.  [part 2 of 4....stay tuned]

11-27-2012  Newshound Guru Med   WHAT IS HAPPENING OR WAS HAPPENING IN IRAQ AND EGYPT IS GETTING A LOT OF ATTENTION.   IN EGYPT THEY ARE CALLING IT THE RETURN OF THE PHAROAH  AND IN IRAQ THE RETURN OF A DICTATOR.   KURDISTAN IS NOT STANDING FOR IT AND IN FACT THE ARMOR THAT ONCE WAS THE NATIONAL ALLIANCE IS CHIPPING AWAY.  SHARISTANI [OIL MINISTER ?], WHO WAS A BIG SUPPORTER OF MALIKI,  IS NO LONGER IN HIS CORNER.  HE SEES AN IRAQ THAT IS DOOMED TO FAILURE  UNDER MALIKI [part 1 of 4....stay tuned]

11-27-2012  Intel Guru BWM   it's all a stage over there IMO... I mean if it's their currency, their decision and Maliki has all this power, why wouldn't he have pulled the trigger and look like a hero to the ppl... seriously, think about it.

11-27-2012  Intel Guru Frank26   Iraqia TV is telling the citizens that their country is about to EXPLODE FINANCIALLY and that OIL is not their only major resource to make this happen. Iraqia TV told the citizens that the Bank of America is saying that Iraq's economy will be number one in the Middle East...Strong and explode financially in 2013...what in the world does the BOA have anything to do with the economic success of Iraq...what business is it of theirs? Why risk giving such information about a...SCAM.  Our Team on banks sees the IMF preparing world banks for Iraq. How did we start this investment Family? With Bank Of America. Only logical to end the same way...In order to come full circle.   [post 4 of 4]

11-27-2012  Intel Guru Frank26   The budget numbers back up our logic as the 5 year plan demanded that Shabibi and the CBI introduce a functioning exchange rate within these 5 years.  If we see the IMF extend their loan contracts then we have a different story. We do not see that. As I told you last week...they were done with the second reading...they will tell you the third reading is done in the first week of December. Then they should announce by the 15th of December that the budget is finalized. As we told you...we strongly suggest that you will be MASKED from any information until around the 20th of January.  [post 3 of 4....stay tuned]

11-27-2012  Intel Guru Frank26   A few weeks ago they showed us 138 trillion that was needed for the 2013 budget. Tonight DELTA showed you 138 billion and carefully explained to you that the symbols of IQD and USD are purposely being thrown around...the budget is complying fully to Shabibi's desire of lifting the 000's from the exchange rate so it can be applied to the 2013 budget.  Models were run this year to assure its success in the form of...2 sets of books. Shabibi himself admitted that he was doing this back in June. Shabibi wanted a 1:1 ratio. He's going to get it.  [post 2 of 4....stay tuned]

11-27-2012  Intel Guru Frank26    For the last few months Maliki has been hard to recognize let alone understand.  The whole world was in shock watching this metamorphosis right before our eyes. The powers to be IMO...communicated with all the key players and told them to just ignore Maliki...IMO, Maliki tried childishly to take control of the CBI with lies, the army with stolen money and the GOI with fear.  But he is running out of time. The roof is about to fall in on Maliki IMO...we are so close and Maliki is about to shed his skin once again. Watch him become Mr. Nice Guy and get along with everyone as the 2013 budget becomes a reality in 2013. [post 1 of 4....stay tuned]

11-27-2012  Newshound Guru Mike   Article   "Sadrists: ready to oust al-Maliki after pleading guilty to corruption of the arms deal" [Most interesting Government article of the day].   There was a lot of dealings with this Russia deal, Maliki wanted arms, looks like he was willing to do anything they wanted him to do for them and got caught…And it looks like he has gotten himself in a world of hurt because they are ready, they are ready to move forward, and they are ready to either bring him in and question him on this matter, or they want to do a vote of no-confidence.  The boiling pot is moving… it is getting hotter and hotter for him and this was ANOTHER BAD DAY FOR HIM! 

11-27-2012  Newshound Guru Kaperoni   [Kap, doesn't this mean that they are just going to replace the damaged currency with no increase in value?]   this appears to be simply a bandaid to buy time (replace worn notes only).   But also, you must consider that the float needs to start soon...otherwise everything Iraq has worked for agriculture, manufacturing, ISX, etc.  is at a risk.   Not to mention unemployment, poverty remains very high.  And lifting subsidies, on oil, and food etc.  wont help that any.   So I expect something more than just a "replacement".  [post 2 of 2]

11-27-2012  Newshound Guru Kaperoni  Article: "Old Currencies to Be Replaced with New Ones, Say Iraqi Central Bank Iraq"  [Is this an old article that has been recycled? Obviously early November is long gone.]  I dont think it is recycled...it's just that they have put out at least 3 articles the last 2 months saying "first week in November" and nothing has happened.  Maybe there is a "trigger" they are waiting on such as the budget, or economic laws or even the GOI to agree.  No way to tell.  I just wish they would hurry it up.   [post 1 of 2....stay tuned]

HEARING IT IS SCHEDULED FOR THURSDAY FOR RV OF DONG, 27 NOV

[TERRYK] HELLO ROOMIES,
[TERRYK] OK CAN'T STAY LONG.
[TERRYK] WORKING TODAY AND EXHAUSTED FROM TRAVELING ALL DAY YESTERDAY
[TERRYK] AND NOT GETTING TO BED TILL 12:30 AND UP AT 5.
[TERRYK] SOUNDS LIKE ALOT OF YOUR WORLDS.
[TERRYK] AND I'M ONLY WORKING 1 JOB.
[TERRYK] SO HERE IS SOME NEWS I GOT THIS AM.
[TERRYK] THE DONG IS STILL ALL OVER THE PLACE WITH THE EXCEPTION OF WHERE IT NEEDS TO SHOW AND THAT IS THE FOREX
[TERRYK] WE ARE SEEING THE RATE OF .47, WHICH IS COOL.
[TERRYK] BUT CAN'T CASH IN ANYWHERE.
[TERRYK] NOW HEARING THINGS GOT PUSHED OUT FROM TONIGHT TO THURSDAY AGAIN
[TERRYK] SEEMS LIKE THE SAME STORY WEEEK AFTER WEEEK,
[TERRYK] DAY AFTER DAY,
[TERRYK] MONTH AFTER MONTH.
[TERRYK] I PRAY THIS IS IT.
[TERRYK] DINAR INC YOU STILL HAVE DONG IN STOCK?
[TERRYK] WHAT'S MORE IMPORTANT.
[TERRYK] THE NEWS IS THIS.
[TERRYK] HEARING IT IS SCHEDULED FOR THURSDAY.
[TERRYK] THINGS GO HELD UP LAST NIGHT AND THIS AFTERNOON THEY HAVE TO WORK OUT SOME THINGS.
[TERRYK] BETWEEN THE GAL FROM THE EAST.
[TERRYK] AND THE GUY HERE IN THE WEST.
[TERRYK] HE IS STALLING.
[TERRYK] SHE IS SAYING NOW.
[TERRYK] HE IS WANTING 40% CAPITAL GAINS.
[TERRYK] SHE IS SAYING THEY WANT THEIR MONEY NOW.
[TERRYK] I HAVE A FEELING THAT THE GAL FROM THE EAST IS GOING TO WIN.
[TERRYK] GOT TO GO TO A MEETING.
[TERRYK] BUT THE NEWS I GAVE YOU CAME FROM A SWEET SOURCE.
[TERRYK] AND IT HAS SOMETHING TO DO WITH PACKAGES
[TERRYK] HINT HINT!!
[TERRYK] GOD BLESS
[TERRYK] OFF TO A MEETING.
[TERRYK] LATER ALL.

MIKE , KAPERONI , DOCDINAR & OTHER POST, 27 NOV


11-27-12 Mike: Article: "Sadrists: ready to oust al-Maliki after pleading guilty to corruption of the arms deal" [Most interesting Government article of the day]. There was a lot of dealings with this Russia deal, Maliki wanted arms, looks like he was willing to do anything they wanted him to do for them and got caught and it looks like he has gotten himself in a world of hurt because they are ready, they are ready to move forward, and they are ready to either bring him in and question him on this matter, or they want to do a vote of no-confidence. The boiling pot is moving. It is getting hotter and hotter for him and this was ANOTHER BAD DAY FOR HIM! 

11-27-2012  Newshound Guru Kaperoni:Article: "Old Currencies to Be Replaced with New Ones, Say Iraqi Central Bank Iraq"  [Is this an old article that has been recycled? Obviously early November is long gone.]  I dont think it is recycled...it's just that they have put out at least 3 articles the last 2 months saying "first week in November" and nothing has happened.  Maybe there is a "trigger" they are waiting on such as the budget, or economic laws or even the GOI to agree.  No way to tell.  I just wish they would hurry it up.

[Kap, doesn't this mean that they are just going to replace the damaged currency with no increase in value?]   this appears to be simply a bandaid to buy time (replace worn notes only).   But also, you must consider that the float needs to start soon...otherwise everything Iraq has worked for agriculture, manufacturing, ISX, etc.  is at a risk.   Not to mention unemployment, poverty remains very high.  And lifting subsidies, on oil, and food etc.  wont help that any.   So I expect something more than just a "replacement". 


11-27-12 DocDinar: There is an important conference taking place in Erbil from December 3-5 pertaining to energy expansion/oil & gas that may lead to a breakthrough with the HCL draft. We may want to keep an eye on the results of this conference, with the leaders this is bringing to the table it could produce a breakthrough. Parliament also will be having the 2nd reading of the 2013 budget tomorrow. 

11-27-12 Phoenix3333: Iraq and United Nations Briefing Thursday, November 29th. Iraq Expected Council Action In November the Council expects to receive the Secretary-General’s report on the UN Assistance Mission for Iraq (UNAMI) and a briefing on its contents and developments in the country from the head of UNAMI, Martin Kobler. The mandate of UNAMI expires on 28 July 2013. The mandate of the High-Level Coordinator for Iraq-Kuwait Missing Persons and Property expires on 31 December. 

11-27-12 Yasiri: Maliki is ready to meet the call by Sadr on his meeting with Barzani. According to MP for the coalition of state law Hadi al-Yasiri, that Prime Minister Nuri al-Maliki prepared to meet Barzani in Najaf, according to Sadr's call to end the crisis, provided that the meeting was based according to the national interest, and we welcome the initiative Sadr recent regarding the collection Maliki and Barzani in Najaf, in order to to end the crisis between them, but it should be this initiative based on the supreme national interest of the country, and not inconsistent with the Constitution, either without it I do not think that Maliki meets Sadr's call, he does not want bargains outside the scope of the Constitution.

Yasiri said: The National Alliance is ready all ready to calm the situation and to obey the dialogue in resolving the problems existing between the parties, and especially with the Kurdistan Alliance, because our coalition has links with the Kurds in general, and they know that, so I invite everyone to stay away from escalations and threats, because the only loser is Iraqi people ', called on the Kurds to not vulnerability Baltoalat and unfounded fears that seek to disrupt ties between the national alliances and Kurdistan, and must reconsider the strategy real collected coalitions.  


DISCUSSION OF MED, 27 NOV


Med (05:36:46):I POSTED TWO ARTICLES CHEEKS  BOTH ARE EXTREMELY GOOD

Cheeks: ok brb

Med: I EDITED THEM OK WHAT IS HAPPENING OR WAS HAPPENING IN IRAQ  AND EGYPT IS GETTING ALOT OF ATTENTION   IN EGYPT THEY ARE CALLING IT THE RETURN OF THE PHAROAH  AND IN IRAQ THE RETURN OF A DICTATOR   KURDISTAN IS NOT STANDING FOR IT  AND IN FACT THE ARMOR THAT ONCE WAS THE NATIONAL ALLIANCE   IS CHIPPING AWAY

SHARISTANI  WHO WAS A BIG SUPPORTER OF MALIKI  IS NO LONGER IN HIS CORNER HE SEES AN IRAQ THAT IS DOOMED TO FAILURE  UNDER MALIKI   AND 6 YRS WASTED  THE KURDS ARE GOING AFTER ALL THE IRAQI BLOCS   ND THE NATIONAL ALLIANCE

Cheeks: i wonder what brought them up to speed

Med:  NO CLUE  BUT THE KURDS WANT THE NA  TO CHANGE THE POLICY OF MALIKI  OR REMOVE HIM  AND PUT IN ANOTHER CANDIDATE   SEE MALIKI IS PM YES

Cheeks: maliki is doom

Med:  BUT HE IS ONLY THERE   BECAUSE THE NA LET HIM...  THEY CAN REMOVE HIM  WITHOUT A VOTE OF CONFIDENCE  THIS WAY   THE ENTIRE GOVT WOULD NOT BE TURNED OVER  IT IS UP TO PARLIAMENT  AND PARLIAMENT ALONE TO MAKE THE MOVES TO STOP WHAT IS GOING ON
  Cheeks: but parliament has some crooks too

Med:  RIGHT NOW MAJOR VIOLATIONS OF THE CONSTITUTION   ARE TAKING PLACE  AND PARLIAMENT NEEDS TO BRING MALIKI BEFORE THEM  TO BE INTERROGATED  REMEMBER WHEN THE VOTE OF CONFIDENCE WAS TO TAKE PLACE    THEN THEY DIDNT GET THE VOTES  BUT

Cheeks: yes

Med: SAID THEY WERE CALLING HIM TO BE INTERROGATED IT NEVER HAPPENED AS IN THE ARTICLES I POSTED  THE FIRST THING ON THESE POLITICAL LEADERS MINDS  WERE WHAT IS IN IT FOR ME

Cheeks: money

Med: WHAT CAN WE DO TO BENEFIT US AND HERE THE IRAQI PEOPLE THOUGHT GREAT WE CAN LET OUR KIDS PLAY IN THE STREETS AND NO HARM WILL COME TO THEM WELL THAT NEVER HAPPENED THE POLITICAL BLOCS NEVER LOOKED BELOW THIER NECKS TO SEE WHO THEY SERVED AND A BLUNDER   BY MALIKI

Cheeks: young genaration

Med: THAT HE DIDNT SEE COMING WHEN HE REMOVED SHABIBI TURNED OUT TO BE MOST LIKELY HIS DOWNFALL IF HE WERE TO PARDON HIS SON AND NOT LET THE LEGAL WHEELS TURN

Cheeks: **** would of break loose

Med: THEN HE SHOWS HIS HAND I EXPECT BEFORE THE NEW YEAR STARTS

Cheeks: this should have been done 2 yrs ago to remove him

Med: MAJOR CHANGES HECK YES BUT THIS IS ABOUT ME ME ME FOR THEM IT IS ABOUT WHO HAS THE POWER  AND I HAVE EXPLAINED BEFORE

Cheeks: but what he did with all the stupid bloc he put up

Med: IN A UNIFIED GOVT THERE IS NO OWNER AND IN THE EDITORIAL CALL C MALIKI MERCY WHICH IS BE WRITTEN AS A MOVIE IT GOES OVER THE GIST OF WHAT MALIKI HAS PROMISED WHAT HE DIDNT DO AND WHAT HIS INTENTIONS ARE AND THAT HE CAN BE STOPPED IT IS THIS SITUATION THAT IS PREVENTING INVESTMENT IN IRAQ

Cheeks: again if the poeple understand the movie , might as well give him a hammer and nail and shovel soon

Med: SHABIBI WAS TAKING IT SLOW FOR ONE REASON HE KNEW WHAT WAS WRONG BUT WAS SHOWING THAT THE MONETARY POLICY WAS IN FACT SOUND AND HE WAS IN CONTROL OF IT

Cheeks: but he did not finish it due to the buget

Med: BUT WITH MALIKI AGAIN VIOLATING THE CONSTITUTION HE REMOVED SHABIBI AND PUT IN A TEMP BUT IT SEEMS THAT PARLIAMENT HAS AGAIN REMINDED MALIKI THAT CBI IS STAYING THE WAY IT IS

Cheeks: as you were saying 1st of the year we will see something

Med: WHAT I WAS SAYING IS THAT I EXPECT PARLIAMENT TO DO SOMETHING WITH MALIKI SOMETHING TO CHANGE THE COURSE OF THE COUNTRY IF THEY DO NOT THEN WE ARE AGAIN AT THE MERCY OF WHENEVER THEY GET THEIR HEAD OUT OF THEIR ***

Cheeks:lol  the people of iraq was promise to have water, elec, and a good life.. but notting has been done under him

Med: THAT IS CORRECT

Cheeks: it's ashame how these people let it happen for so long , and now this country is making more oil than ever and notting for the people

Med: ALL THIS BS ABOUT PASSING INVESTMENT LAWS AND SUCH MEAN NOTHING RIGHT NOW ABSOLUTELY NOTHING I WILL SAY THIS RIGHT NOW

Cheeks: unless you have a trade able cunrrency

Med: YES BUT MISSING MY POINT OK  THEY ARE NOT ENTERING THE WTO IN 2013 SO WE CAN FORGET THAT THEY WILL NOT EXIT CHAPTER VII WITH MALIKI AS PM BAN KI MOON DOES NOT TRUST MALIKI  NOT ONE BIT AND AS LONG AS HE DOESNT TRUST HIM AND WE AND THE UK DO NOT  HE IS NOT GETTING OUT OF CHAPTER VII

Cheeks: true

Med: IF HE THINKS HE IS PULLING THE WOOL OVER THE EYES OF THE TWO MOST POWERFUL NATIONS IN THE WORLD WITH HIS ARAB ANTICS HE IS SADLY MISTAKEN HIS BEHAVIORS ARE SO TEXTBOOK

Cheeks: for sure ..

Med: AND FROM THE EARLY 1900'S IF HE GOT INTO A BATTLE OF EVIL WITH A WALL STREET CEO MALIKI WOULD BE WALKING AROUND NY IN HIS SOCKS AND UNDERWEAR   HOLDING A SUCKER

Cheeks: lol

MORE CHAT ADDED:

    GOP (08:18:42):  I see the kurdistan paliament spoke out, asking to talk about how to reign in Maliki..thanks for the post Med... I don't if talking is going to make much difference. There will have to be some serious action taken imo, before Maliki will do anything different.

    Med:     NOT SURE EITHER    OK BUT ONE THING THAT IS BECOMING DIFFERENT    IS THAT MALIKI'S SUPPORT IS FALLING    LOSING SHARISTANIT

    GOP: that is a good point..

    Med:    HE WAS A BIG MOVE    SADR SAID    HE HAS 40 VOTES OF SUPPORT    ONE THING THAT WILL END THIS    IN 14 DAYS OR LESS    THERE IS ONE THING THAT CAN HELP THE KURDS    AND THE REST WHO WANT MALIKI OUT    WHAT IS THAT    ONE THING    P    R    O    T    BUY A VOWEL    HUH

    GOP :    KIK    oops LOL

    Med:    E    S    T    I    N    G

    GOP:    ahh    massive ones

    Med:    CONTINUE TO FILL THE STREET    AND MALIKI WONT BE THE ONE WHO WILL GIVE IN    THE NA WILL SEE THE HANDWRITING    AND SO WILL PARLIAMENT    I SAW ABOUT TWO DAYS AGO

    GOP: very true Med. M's position is shaky now, some signficant protesting could quickly push this over

    Med:    AN ECONOMIST    SAID IT IS ALL PARLIAMENTS FAULT    NOW FIRST    I WANT TO SEE THIS GUYS OFFICIAL DEGREE    THEN    I WANT TO CHECK HIS BANK ACCOUNT    IN THE LAST WEEK    THEN FIND OUT    IF HE IS A DAWA PARTY MEMBER    CUZ THERE IS NO WAY    A LEGITIMATE HONEST    PERSON    CAN SEE WHAT IS GOING ON IN IRAQ AND NOT SAY    MALIKI IS TOTALLY RESPONSIBLE

    GOP: yep

    Med:    FROM THE SECOND HE STOLE THE ELECTION    AND I MEAN STOLE IT    IRAQ WAS DOOMED    6 YRS THAT COULD HAVE BEEN BENEFICIAL    TO IRAQ AND IT'S PEOPLE    HAVE BEEN WASTED    AND HUNDREDS OF MILLIONS OF DOLLARS    AND BILLIONS    EVERY SINGLE MEMBER OF THE GOI    AND EVERY SINGLE MEMBER OF PARLIAMENT    SHOULD BE AUDITED    BY AN INDEPENDENT GROUP    CUZ OBVIOUSLY NOONE IN IRAQ CAN BE TRUSTED   

IT IS A VERY EASY THING TO FIND OUT    IF YOUR INCOMES    AND ASSETS PRE GOVT    IN ANY WAY COULD HAVE REACHED THE VALUE OF THE CURRENT ASSETS

    IT IS SO EASY TO DO    AND IF THEY DONT ADD UP    IMMEDIATE CHARGES OF CORRUPTION    SUSPENDED FROM PARLIAMENT

    GOP: my guess is they would find the "missing" millions

    Med:    OR BILLIONS    HOW IN GODS NAME    CAN MEN WITH NO SOURCE OF INCOME    NO ASSETS   COME INTO A GOVT    AND WORK IN IT FROM 4 TO 6 YRS    AND BECOME BILLIONARES    IT IS IMPOSSIBLE LEGALLY

    THEY HAVE STOLEN ASSETS FROM THE OIL REVENUES    IT WAS AND IS THE ONLY REVENUES THEY COULD HAVE TAPPED    AND ALSO THE ONE THING THEY DO NOT WANT TO GIVE UP    EVEN THOUGH IT IS MANDATED BY THE IMF

    OK I HAVE GIVEN ENOUGH FOOD FOR THOUGHT    I ALSO AM GOING TO SAY THIS TO ALL THOSE WHO HAVE TAKEN THE TIME OFF    CUZ YOU DONT SEE RV    OR DINAR EVERYDAY    IN ARTICLES

    WHAT IS GOING ON RIGHT NOW   IS 100 TIMES MORE IMPORTANT   THAN THAT BEING LEAKED OUT    AND YOU MAY WANT TO START PAYING MORE ATTENTION TO THE DETAILS    CUZ IF YOU FALL BEHIND    I AM NOT SPOON FEEDING    I WONT BE USED LIKE THAT ANYMORE    I WILL SERVE THOSE WHO WANT TO BE PART OF THIS TILL THE END    SO THAT NOW IS ALL I HAVE TO SAY    LOL    FOR NOW

    GOP: they have to deal with M if anything is going to go foward in Iraq,

    (thank you’s)

    Med:    YW    YES GOP    THAT IS WHY HE HAS TO BE LIMITED    OR    ELIMINATED    WHICH IS WHAT THE KURDS ARE ASKING

MORE CHAT ADDED:

    Jfraser (12:02:08): I wish the GOI could finally get their act together and get it done

    Med:    PERSONALLY    IT I BELIEVE IS GOING TO COME DOWN TO A NEW GOVT FORMING     THIS CORRUPTION THING THAT MALIKI OPENED UP

    Jfraser: can that happen without a new election?

    Med:    HMMMM    YES    WITH A WITHDRAW OF CONFIDENCE

    Jfraser: then they could just replace Maliki and his appointees?

    Med:    HMMM    ACTUALLY    EVERY PERSON THAT GOT APPOINTED    DURING THIS TERM    WOULD BE GONE    IT APPEARS THAT TALIBANI IS REALLY ON THE WARPATH    AGAINST MALIKI    AND THE MOVES BY MALIKI IN THE TIGRIS    IS AGAINST THE CONSTITUTION    AND THEY WANT HIM BEFORE PARLIAMENT    ALSO WITH MALIKI'S OWN KID IS PART OF THE RUSSIAN ARMS DEAL CORRUPTION

    Jfraser: apples don't fall far from the tree, do they

    Med:    NO    FOR SURE    BRB

    Jfraser: I have to say good night. I'll see you tomorrow. Hope you get some sleep tonight.(})

    Med: K GN

After change of CBI management; Specialists indicate the current CBI crisis affected the country’s economic activity , 27 nov

On: 2012-11-27 12: 39: 20 Tuesday

Baghdad (News)/report/Hussein Faleh/… Financial policy in the country suffered a severe crisis after accusing the Governor of the Central Bank and some of its employees with financial corruption.

And the Governor was removed and transfer some of the Bank’s managers, said a number of lawmakers and financial experts (News News Agency): the current Central Bank crisis affecting overall economic activity in the country in terms of investment companies ‘ reluctance to enter the Iraqi investment environment and loss of confidence in banks and exchange offices by citizens, as well as to discredit the Central Bank abroad.

The Cabinet decided earlier authorized audit Abdel Basset Turki Department of the Central Bank of Iraq to succeed former Governor Sinan Al-Shabibi.

The decision of the Commission on economy and investment Deputy from the Kurdish Coalition bloc//mohama Khalil, said: the issue of the Central Bank, accused of financial corruption following the entry of foreign companies to invest in Iraq.

Khalil (Agency news (News: foreign investment looking for an environment that contains both a strong banking system to keep their money, noting that the issue of the current Central Bank reflected badly on the financial realities in Iraq, making investors reluctant to enter the country for investment.

He added: the issue of Central Bank also reflected on banking activity through loss of confidence by investors and is high and even funds warheads citizens because some banks accused of colluding with the Central Bank in foreign currency smuggling abroad.

For his part, Prime Minister Nuri al-Maliki told reporters earlier that the big warheads will fall to the Central Bank, and the Bank was refusing to let us know anything, it puts monetary policy and to selling dollars and stir the market and dinar, while the Government does not have any income, he said.

With leader Moqtada al-Sadr’s Iraqi Government interference in the work of the Central Bank without a right which threatened to collapse the country’s economy.

Sadr said, according to a press statement: that the country’s economy is on the verge of collapse, especially after the Prime Minister’s intervention by the Central Bank of Iraq illegally and not, not writers Munir, calling on deputies to work on saving the economy of Iraq.

Former Central Bank Governor Sinan Al-Shabibi, the problems of the Central Bank with the Government at the request of the Government of the Bank’s reserves, and that the case was in the Government and the Bank problems since 2009.

With the financial expert Hamid al-Musawi said, that Iraq lost money as a result of breaches of recent Central Bank action specifically to the sale of foreign currency.

He said al-Musawi (News News Agency): the recent Central Bank crisis Iraq lost many funds as a result of mismanagement of the financial policy in the country, through foreign currency smuggling and money laundering.

He added: the report prepared by the investigative Committee in the House of representatives gave evidence and details of violations in the sale of hard currency, but was supposed to prepare this report early to keep sovereign foreign currency balance.

Financial expert called the new administration for the Central Bank to keep keep the dinar against the dollar and the monetary reserve of hard currency.

Said a member of the Finance Committee Deputy from Kurdistan blocs Coalition//Risalat Najib, recent Central Bank crisis will have an impact on the level of foreign investment to the country.

Najib said (News News Agency): the latest accusation against Central Bank Governor and his aides and some managers in the Bank would have an impact on foreign investment to the country, especially the security and political situation does not encourage investment at this time.

She added: the Central Bank is a financial institution of an international character and cannot be compromised because they are subject to the control and follow-up of the World Bank and the International Monetary Fund, noting that the Bank’s old management was efficient and experienced in the financial area.

He was a member of the investigative Committee on the work of the Central Bank, Haytham Al-Juburi stressed, in (October 14, 2012), the issuance of arrest warrants and a travel ban against Central Bank Governor Sinan Al-Shabibi and Bank officials, said the Governor remains abroad will prove charges of corruption.

And Financial Committee called in the Iraqi Council of representatives, Monday (October 15, 2012), accused the Governor of the Central Bank to provide evidence, as she feared that such accusations “targeted” to the Bank.

The Central Bank announced, in January 2012, the high exchange rate for the dollar against the Iraqi dinar in the Iraqi markets, adding to rising sales of hard currency back to the neighbouring countries of trade financing by traders.

http://bit.ly/10ODWJ3