Thread: "Marshall Plan=International Compact" Originally posted by paynes1

I would except for the fact I have already been threatened with banning because I mentioned in a post that SGS was hanging out here. People pm'd me for the name of the forum where she was at....to which I replied. I was accused of promoting another site....hence the banning threat. I'm not sure how PRO IIF payne is, so he may report me. Maybe someone who hasn't been threatened yet can try? In the mean time I will pull any further comments by him and place them on this thread.

Cheers!
DayDream

Originally Posted by DayDream

I would except for the fact I have already been threatened with banning because I mentioned in a post that SGS was hanging out here. People pm'd me for the name of the forum where she was at....to which I replied. I was accused of promoting another site....hence the banning threat. I'm not sure how PRO IIF payne is, so he may report me. Maybe someone who hasn't been threatened yet can try? In the mean time I will pull any further comments by him and place them on this thread.

Cheers!
DayDream

How will they support a $1.00 or more revalue with only 12 billion in reserves.
The International Comunity is offering the International Compact for Iraq
and the United States has been the driving force behind the debt forgiveness of the Paris Club and the War Reparations paid to Kuwait.
Since the US has a vested interest in seeing a Stable Iraq that can influence foreign Policy in the region I think the will be using Exchange Stabilization Fund of the US Treasury.
U.S. Treasury - Exchange Stabilization Fund
The bottom section of how the Esf operates is what needs to be read.

How much money can the US Spend on defending the Iraqi Dinars exchange rate?
http://www.treas.gov/offices/interna...ent_082006.pdf
As you can see there is alot of money in this fund.
You must also ask your self why was it so important that the secretary of the treasury attend all the meeting about Iraq?
Henry Paulson has done so.

My whole point bringing all this up about Marshall Plan is that there will be a high revalue in order to bring Iraq in line with other western friendly oil producing Nations. Its going to defy logic on how they can do such a high revalue with just 12 billion in reserves. The International Comunity especially the ones that forgave the debt will see that this happens.
The passing of the Fil is proof. [More from Paynes]

More International compact meetings scheduled ahead.
The meeting discussed progress made thus far, and the upcoming steps to ensure success of the ICI. These steps will include, among others, expanding and reviewing the ICI draft to reflect comments by Iraqi officials and donors. Outcomes of the first round of Sector Working Groups and the second iteration of the ICI Document as updated will be presented to the Preparatory Group Members at the next PG meeting to be held on Oct 19 in Baghdad.

From another thread
http://www.investorsiraq.com/iraqi-g...velopment.html {more from Paynes} I stole this also, duh!

Henry Paulson Secretary of the treasury
"Today, "Federal Reserve notes" are officially recognized as "SDR's" -- Special Drawing Rights under the amended Bretton Wood Agreements Act, Public Law 94-564. [See: Legislative History, Senate Report No. 94-1148, October 1, 1976] Quoting from the Legislative History, to wit"

"Preceding the de facto transition, a number of other things had occurred. Pursuant to 22 USC 286, the President was authorized to accept membership for the United States in the International Monetary Fund ("The Fund"), and in the International Bank For Reconstruction and Development ("The Bank"), provided for by the "Articles of Agreement of the Fund" and the "Articles of Agreement of the Bank", as set forth in the "Final Act of the United Nations Monetary and Financial Conference" dated July 22, 1944, which are deposited in the archives of the Department of State. These Acts are commonly known as the Bretton Woods Agreements. They are international agreements. The Articles of Agreement assert that those holding.............

"On March 18, 1968, Congress passed "An Act to Eliminate the reserve requirements for Federal Reserve Notes and for United States Notes and Treasury Notes of 1890", Public Law 90-269, 82 Stat. 50. This Act was designed to remove the remaining reserve requirements on circulating notes and obligations. $1.3 billion in gold was "pledged" against "gold certificates" and held as reserves against circulating notes and obligations. Under this Act the gold certificates would be withdrawn and retired, then the gold would be considered as "free gold" and paid out to foreign interests at $35 per ounce. The monetary reserves of gold and gold certificates ......

This was the start of the petro dollar float with Saudia Arabia.

The operations of the Exchange Stabilization Fund and now the SDR's are under the "exclusive control of the Secretary of Treasury" and "are not reviewable by any other officer of the United States". Anything in the ESF remains in the Fund, for the use of the Fund. This new program is subject to the Articles of Agreement of the IMF in accordance with Section 3 of the SDR Act of 1968. Of course, the "Secretary of Treasury" is, in reality, the "Governor" of the IMF, and is not an officer of the United States. [See: Public Law .......................

The "Secretary of Treasury" [Governor-IMF] issues an international letter of credit called a "Special Drawing Rights Certificate" to the Federal Reserve Banks "in such form and in such denomination as he may determine". The SDR is deposited in the Federal Reserve Banks which in turn credits the account of the Exchange Stabilization Fund (ESF) with Federal Reserve Notes in an amount equal to the value of the SDR certificate. SDR's became the "collateral security for Federal Reserve Notes". The "Secretary of Treasury" [Governor-IMF] issues an international letter of credit called a "Special Drawing Rights Certificate" to the Federal Reserve Banks "in such form and in such denomination as he may determine". The SDR is deposited in the Federal Reserve Banks which in turn credits the account of the Exchange Stabilization Fund (ESF) with Federal Reserve Notes in an amount equal to the value of the SDR certificate. SDR's became the "collateral security for Federal Reserve Notes..........................................

Holy crap Batman did you see that.

link The Truth About Money

I did post this to make a political statement because the title might offend someone. This is information that proves how easily it would be to revalue the currency and I willing to bet there are alot of people who dont know this.
[More from Payne} I am turning into a thief!

The Secretary of the Treasury can move money through out the Federal Reserve System or to a Foreign bank such as Iraqs Central Bank. He can do this through the Exchange Stabilization Fund and he does not have to have approval from congress to do it or anyone for that matter. Henry was appointed by Bush to be the new secretary. That is the only control Bush has over Treasury.

The Treasury when in need of money will ask Congress for it, and when approved ,the treasury will ask the Federal reserve to print it for them.
Ben Bernanke is the chairman and he will authorize it. Bernanke was also appointed by Bush to be the chairman. This is the only control he has over the Federal Reserve because it is independently owned by a cartel of banks.

The treasury went from the gold standard to fiat money. (Fiat money= Federal Reserve notes in our back pockets) To do this under the Bretton Woods Agreements act this gave the Imf power over our Money.

Who owns the Federal reserve?
The Federal Reserve Bunk
If you read about half way down the page you will see that the majority of the banks that own our Federal Reserve are Foriegn Banks. If you doubt me, google Who owns the federal reserve, and there is alot of Information on that.

This book helped me understand alot about our financial system and I found it here on this forum when I first became a member and it is worth a read.
Creature From Jekyll Island; A Second Look at the Federal Reserve (book)
You can use the library # on the bottom of the page and go to you local and check it out.

Has anyone noticed that Chase Manhattan Bank of New York controls all 11 Federal reserve Banks and that Chase is selling Dinar at this time. All of these Banks are going to make a killing on the exchanging of the Dinars or they would not be selling them.

If you Trace the roots of the US dollar, it is now tied in directly with the United Nations, World Bank, and International Monetary Fund. And these are the Individual Instititions that are in direct talks with Iraq about the International Compact.

More to come.

Maybe peak Oil or maybe just greed. ( you decide)
By memorandum dated January 29, 2001, President Bush established the National Energy Policy Development Group (“NEPDG”) “to develop a national energy policy designed to help the private sector, and as necessary and appropriate, Federal, State, and local governments, promote dependable, affordable, and environmentally sound production and distribution of energy.” J.A. 157. The President directed Vice President Richard B. Cheney to lead the group. J.A. 157. Various cabinet and other high-level Executive Branch officials were named as members. Id. Andrew Lundquist was made Executive Director. J.A. 143.



After several months of deliberations, on May 16, 2001, the NEPDG submitted a report and recommendations to the President. NEPDG, National Energy Policy: Reliable, Affordable, and Environmentally Sound Energy for America’s Future at ii (2001). The NEPDG published its report and recommendations, with the approval of the President, on or about that same date. On June 28, 2001, President Bush transmitted the NEPDG’s report and recommendations to Congress. 37 Weekly Comp. Pres. Doc. 988.

This task force was headed by Dick Cheney and had other members of the gas and oil industry as a executive board on trying to decide how to carve up Iraqs oil fields.

The Lawsuit
http://www.judicialwatch.org/cases/67/nepdgfinal.htm

They all set down in January of 2001 to decide how to carve up the oil fields prior to us invading Iraq on March 20, 2003.

Here are The Maps they are declassifed information because of the freedom of information act.
This is Iraqs http://www.judicialwatch.org/IraqOilMap.pdf
Here they are trying to fiqure out the best Foreign suitors for Iraq.
http://www.judicialwatch.org/IraqOilFrgnSuitors.pdf
http://www.judicialwatch.org/IraqOilFrgnSuitors.pdf

The press release from the court case.
Judicial Watch

I personally believe in peak Oil. The #1 reason is I believe that oil is a finite resource that is not going to last forever.
Dick Cheney and his group of advisors had to have some reason to plan a war for natural resources. There were no weapons of mass destruction so why the early Planning to invade Iraq.

Here are 2 links about Iraq that dont fit the mainstream view of what is going on in Iraq.
AlterNet: War on Iraq: Bush's Petro-Cartel Almost Has Iraq's Oil

Revisited - The Real Reasons for the Upcoming War in Iraq: A Macroeconomic and Geostrategic Analysis of the Unspoken Truth, by William Clark, updated: Jan 2004

I believe the war we are seeing today has been planned for at least 3 yrs prior to Bush Taking Office. I also believe that the International Compact= Marshall Plan and this was planned out along time ago and the Dinars value will have to increase because of it. Iraqs Goverment will be bound to the obligations and commitments of the Imf , World Bank, World Trade Organization, United Nations, and Treasury Of the United States of America.
The Idea of a Zero lopp or a Reprint is out of the qestion at this point.


More to come.

Barbara919,I can't seem to get on the page.Says pg cannot be found!

thanks,
sarah!!!GO DINAR GO!!!!!

thats all I could find for now, but its all very interesting reading and its finally got my 62 year old blood pumping!

Snottynose, I am so new on the computer and I just recently learned how to cpoy and paste, but I went to IIF and then to the members list and looked up Paynes and it took me to all thes great posts. Will that help you? Barbara