I do not know a date or time . You can compare Iraq to a turtle, you dont know how long it will take to get to pond , but eventually it will get there.Quote:
Originally Posted by goldraker
Sorry I am not not much help , but all the signs are there.:thumbsup:
Her is thread that explains about 14 denominations. reprint of dinar - what about 25k's - Investor's Iraq Forum Hope this helps.:ro_emote:Quote:
Originally Posted by dinartank
I tried to pull up the link and couldn't throught the IIF, I finally did get it through the search and thought I would post it for others that may have trouble as well.Quote:
Originally Posted by paynes1
http://www.cipe.org/regional/mena/ir...nopsis_ep6.pdf
Economic
Files
A weekly businessoriented
television
show produced,
written, directed, and
broadcast by Iraqis
with additional support
provided by the
Center for International
Private Enterprise
To view the entire
episode, please visit
www.cipe.org/iraq
Center for International Private Enterprise
1155 15th Street, N.W. • Suite 700 • Washington, DC 20005
[email protected] • (tel) 202-721-9200 • (f) 202-721-9250 • CIPE | Center for International Private Enterprise
Featured Guests: Mr. Ali Hassan Abu Naila (Director General,
Exchange Department, Central Bank of Iraq), Mrs. Nibal Thanon Al-
Sai’gh (Director General, Transfer and Credits Department, Central
Bank of Iraq), Mr. Walled Eddy Abdul Nabi (Assistant Director
General, Exchange Department, Central Bank of Iraq), Mr. Hussam
Abid Ali (CEO of private bank: Economics Bank for Investments
and Funding), Mr. Moayad Basher Hadded (Financial Consultant),
and Dr. Emad Mohammad Ali (Professor of Economics, Baghdad
University).
The program discussed the financial sector and money markets in
Iraq, with a special focus on the role of the Central Bank of Iraq.
The program addressed the following topics:
• Regulation and stocking of Iraqi currency
• Monitoring of credits according to the general monetary
policies of the government.
• Fixing the rate of the Iraqi Dinar and fighting inflation
• Partnership opportunities between local and international
private banks
The three guests from the Central Bank discussed the bank’s
plan to enhance the Iraqi banking sector and financial markets
throughout 2006. They highlighted a series of steps that have
already been taken, including:
• Establishing the Central Bank’s independence from the
Ministry of Finance
• Training 70% of the bank’s staff on international best
practices
• Printing a series of 14 new Iraqi Dinar notes and coinsHowever, guests on the show representing private banks and the
private sector, as well as average Iraqis interviewed on the street,
voiced the following concerns about the policies of the Central
Bank:
• There is only one financial market within Iraq, the Iraq Stock
Exchange, which is dominated by a few key players.
• The procedures for participating in the Iraq Stock Exchange
are very cumbersome. For example, it takes 45 days for a
certificate to be issued to a new stockholder.
• Private banks require support from the Central Bank to
obtain training for their staff in areas such as information
technology, international best practices, and English.
• Checks issued by private banks are not accepted by state and
government entities.
Aldiyar Satellite
Broadcasting presents:
Episode 6 Synopsis: The Financial Sector and Money Markets
Airdate: August 6, 2005
Economic Files does
not necessarily reflect
the views of CIPE
newest Post From Paynes1 Today:
The timeline of the International compact for Iraq.
The Start was July 27, 2006
HIGHLIGHTS OF THE NOON BRIEFING
BY MARIE OKABE
DEPUTY SPOKESMAN FOR THE SECRETARY-GENERAL
UN HEADQUARTERS, NEW YORK
Thursday, July 27, 2006
IRAQ: INTERNATIONAL COMPACT IS LAUNCHED
the link ARCHIVES
Then we have the meeting in Abu Dhabi where Kofi said the following....
"Since its launch on 27 July, considerable work has already gone into the Compact, which will provide the framework for a defined, prioritized and benchmarked economic programme for the next five years. The recent preparatory meeting held in Abu Dhabi on 10 September has given the Compact further direction and content.
Yet it remains a work in progress. Indeed, the need to complete the Compact in good time?ideally by the end of the year?must be balanced by the equally great need for it to be well-developed, substantive and sustainable. A broad consultative process both inside and outside Iraq, to ensure adequate buy-in of the Compact, is indispensable.
Finally, Iraq remains under a number of obligations imposed by the Council under Chapter VII. Since the country now has a sovereign, constitutionally-elected Government, I hope Council members will find a means to address this situation as early as possible."
Notice the words buy in , he is talking about other counrties.
the link The Secretary-General's Statements
11/10/2006
The International Compact has a meeting in bagdad with video links to the European Union, World Bank, ................
"Secretary-General Kofi Annan’s Special Representative Iraq Ashraf Qazi and Iraqi Deputy Prime Minister Barham Saleh co-chaired the meeting, which was also attended by senior Iraqi ministers and Government advisors, with a video-link to the European Union (EU) presidency, World Bank, UN Headquarters in New York, the Arab Fund and the Islamic Development Bank."
All the big boys listened in on this meeting.
the link http://www.iraqdirectory.com/DisplayNews.aspx?id=2285
Then they schedule a meeting on the 19th of Octocber with no news releases. They are not letting it be known if they did meet.
"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."
the link Show Article
I would say the next stage would be the implementation stage of the international compact.
The reasons to believe this.
1. More than likely the have or are real close to solving all the outstanding debt issues.
2. They apparently have the ACH and RTGS functional and are just sitting.
3. The 100 billion Id full capitalization to the Central bank of Iraq will not be a problem on implemention of the International compact. This was supposed to take place by Dec 31, 2006 according to the Stand by arrangement.
4. The International Advisory and Monitoring Board has a meeting scheduled Oct 31 , 2006. When they meet the Iraqi Govt can Request control of the oil proceeds from the IAMB and Resend Resolution 1637 and sign article VIII and trade thier curency internationally.
5. The real big problem is Inflation is currently at 70% and increasing in Iraq.
This will have a definte impact on thier reserves and could cause their economy to collapse if the inflation rate continues a steady pace upward.
All this info sounds like it may happen soon, but we have to remember that we are on Iraqs timeline not ours.
However , there will be a day when we can go to the bank and say show me the money.
Last edited by paynes1 : Today at 10:24 AM.
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Don Rumsfield,Dick Cheney, Ronald Reagan, Daddy Bush,Clinton, George W Bush
US and Iraq 1980 to 1988. Reagans era value of dinar 3.22 to $1.00
Time line
1980 A US Defense Intelligence Agency (DIA) document reports that since the
mid-1970s, Iraq has been “actively acquiring” chemical weapons. [Phythian, 1997]
April 10, 1980 Saddam’s Interior Ministry issues directive No. 2884, which
orders the detainment of some 5,000 people—mostly Kurds of Iranian
background—between the ages of 18 and 28. These people will never be seen again
(see Late Summer 1980). [Independent, 12/13/2002]
1981-1988 The Reagan administration provides covert support to Iraq in an effort
to prevent Iran from overrunning the oil-rich states of the Persian Gulf. [New
York Times, 8/18/2002; Washington Post, 12/30/2002; Nation, 8/26/2002]
US Air Force officers are secretly deployed to Iraq to assist their counterparts
in the Iraqi military. [Nation, 8/26/2002]
The US provides satellite photography to Iraq revealing the movements of the
Iranian forces. [New York Times, 8/18/2002; Washington Post, 12/15/1986 Sources:
senior military officers with direct knowledge of the program, Unnamed informed
sources interviewed by reporter Bob Woodward]
The US provides Iraq with intelligence gathered by Saudi-owned AWACS operated by
the Pentagon. [Nation, 8/26/2002]
Iraq uses US-supplied military intelligence “to calibrate attacks with mustard
gas on Iranian ground troops....” (see 1984) [Washington Post, 12/15/1986
Sources: Unnamed informed sources interviewed by reporter Bob Woodward]
“[M]ore than 60 officers of the Defense Intelligence Agency .... secretly ...
[provide] detailed information on Iranian deployments, tactical planning for
battles, plans for airstrikes and bomb-damage assessments for Iraq.” [New York
Times, 8/18/2002 Sources: senior military officers with direct knowledge of the
program]
President Reagan and Vice President George Bush personally deliver military
advice to Saddam Hussein, both directly and through intermediaries (see 1986).
[Washington Post, 12/30/2002; Affidavit. United States v. Carlos Cardoen, et al.
[Charge that Teledyne Wah Chang Albany illegally provided a proscribed
substance, zirconium, to Cardoen Industries and to Iraq], 1/31/1995 ]
The US closely monitors “third country arms sales to Iraq to make sure Iraq
[has] the military weaponry required.” [Washington Post, 12/30/2002; Affidavit.
United States v. Carlos Cardoen, et al. [Charge that Teledyne Wah Chang Albany
illegally provided a proscribed substance, zirconium, to Cardoen Industries and
to Iraq], 1/31/1995 ]
According to the censured portion of Iraq’s December 7, 2002 declaration to the
UN (see December 7, 2002) (see December 19, 2002), Lawrence Livermore National
Laboratory and Sandia National Laboratories help train Iraqi nuclear weapons
scientists and provide nonfissile material for Iraq’s nuclear weapons program.
[San Francisco Chronicle, 1/26/2003]
(1981-1993) US and British companies are among several Western firms that sell
Iraq materials that can be used to develop nuclear, chemical, biological, and
conventional weapons. [Associated Press, 12/21/2002; New York Times, 12/21/2002;
Washington Post, 12/30/2002; San Francisco Chronicle, 1/26/2003; Sunday Herald
(Glasgow), 2/23/2003]
United States -
Biological: American Type Culture Collection, several biological precursor
agents for diseases like anthrax, gangrene, and the West Nile virus; Alcolac
International, Thiodiglycol, the mustard gas precursor; Al Haddad, 60 tons of a
chemical that could be used to make sarin; Dow Chemical, $1.5 million of
pesticides (see December 1988). [Washington Post, 12/30/2002; New York Times,
12/21/2002; Die Tageszeitung (Berlin), 10/18/2002]
Nuclear: TI Coating; UNISYS; Tektronix; Leybold Vacuum Systems; Finnigan-MAT-US;
Hewlett Packard; Dupont; Consarc; Cerberus (LTD) ; Canberra Industries; Axel
Electronics Inc. [Die Tageszeitung (Berlin), 10/18/2002; Z Magazine, 10/29/2002]
Rocket Program: Honeywell ;TI Coating; UNISYS; Honeywell; Semetex; Sperry Corp.;
Tektronix; Hewlett Packard; Eastman Kodak; Electronic Associates; EZ Logic Data
Systems, Inc. [Die Tageszeitung (Berlin), 10/18/2002; Z Magazine, 10/29/2002]
Conventional weapons: Honeywell; Spektra Physics; TI Coating; UNISYS; Sperry
Corp.; Rockwell; Hewlett Packard; Carl Zeis -U.S; Union Carbide. [Die
Tageszeitung (Berlin), 10/18/2002; Z Magazine, 10/29/2002; San Francisco
Chronicle, 1/26/2003; Washington Post, 12/30/2002]
United Kingdom -
: Nuclear weapons: Euromac Ltd-UK.; C Plath-Nuclear; Endshire Export Marketing;
International Computer Systems; MEED International; International Computer
Limited; Matrix Churchill Corp.; Ali Ashour Daghir.; Inwako; XYY Options, Inc.
[Sunday Herald (Glasgow), 2/23/2003]
Chemical weapons: MEED International; International Computer Systems;
International Military Services; Sheffield Forge*******; Technology Development
Group; International Signal and Control; Terex Corporation; Walter Somers Ltd.
[Sunday Herald (Glasgow), 2/23/2003]
Conventional: International Computer Systems; International Computer Limited;
TMG Engineering. [Sunday Herald (Glasgow), 2/23/2003]
Entity Tags: Walter Somers Ltd., Terex Corporation, TMG Engineering, American
Type Culture Collection, International Signal and Control, Technology
Development Group, Sheffield Forge*******, Axel Electronics Inc., Canberra
Industries, Cerberus (LTD), Consarc, Al Haddad, Alcolac International, Dupont,
Hewlett Packard, TI Coating, UNISYS, Tektronix, Finnigan-MAT-US, Leybold Vacuum
Systems, Dow Chemical, Honeywell, Semetex, International Computer Limited,
Matrix Churchill Corp., Ali Ashour Daghir, International Military Services, XYY
Options, Inc., Inwako, MEED International, International Computer Systems, C
Plath-Nuclear, Electronic Associates, Eastman Kodak, Sperry Corp., EZ Logic Data
Systems, Inc., Spektra Physics, Rockwell, Euromac Ltd-UK, Union Carbide, Carl
Zeis -U.S, Endshire Export Marketing
July 1982 Iraq uses chemical weapons against Iranian troops. [US Department of
State, 11/1/1983 ]
November 26, 1983 US President Ronald Reagan issues National Security Directive
114 on the United States’ policy toward the Iran-Iraq war. The document—which
makes no mention of Iraq’s use of chemical weapons—calls for increased regional
military cooperation to protect oil facilities and for improving US military
capabilities in the region. The directive states, “Because of the real and
psychological impact of a curtailment in the flow of oil from the Persian Gulf
on the international economic system, we must assure our readiness to deal
promptly with actions aimed at disrupting that traffic.” [US President,
11/26/1983 ]
Entity Tags: Ronald Reagan
December 20, 1983 US Special Envoy Donald Rumsfeld—who at this time is CEO of
the pharmaceutical company, GD Searle and Co.—personally meets with Saddam
Hussein for 90 minutes in an attempt to reestablish diplomatic relations with
Iraq. Rumsfeld also discusses US interest in the construction of the Iraq-Jordan
Aqaba oil pipeline [to be built by Bechtel (see December 2, 1983)]. [Newsweek,
9/23/2002; MSNBC, 8/18/2002; Washington Post, 12/30/2002; London Times,
12/31/2002; Vallette, 3/24/2003; New York Times, 4/14/2003; Iraqi television,
12/20/1983; US Department of State, 12/10/1983 ; US Department of State,
12/21/1983 ] Rumsfeld does not raise the issue of Iraq’s use of chemical weapons
with Saddam. [US Department of State, 12/21/1983 ] After his meeting with the
Iraqi president, Rumsfeld meets with Iraqi Foreign Minister Tariq Aziz. They
agree that “the US and Iraq ... [share] many common interests.” Rumsfeld briefly
mentions US concerns about Iraq’s chemical weapons, explaining that US “efforts
to assist [Iraq] ... [are] inhibited by certain things that made it difficult
for us.....” [US Department of State, 12/21/1983 ] On September 19, 2002, almost
two decades later, Rumsfeld will be questioned in Congress about this visit (see
September 19, 2002). [US Congress, 9/20/2002]
Entity Tags: Donald Rumsfeld, Saddam Hussein, Tariq
more to come
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contiued
March 24, 1984 The US State Department briefs Donald Rumsfeld who is preparing
to make another visit to Baghdad (see (March 26, 1984)). In a memo to Rumsfeld,
Secretary of State George Shultz laments that relations with Iraq have soured
because of the State Department’s March 5 condemnation (see March 5, 1984) of
Iraq’s use of chemical weapons and expresses considerable concern over the
future of the Aqaba pipeline project [to be built by Bechtel (see December 2,
1983)] which the US is pushing. Shultz writes:“Two event have worsened the
atmosphere in Baghdad since your last stop there in December: (1) Iraq has only
partly repulsed the initial thrust of a massive Iranian invasion, losing the
strategically significant Majnun Island oil fields and accepting heavy
casualties; (2) Bilateral relations were sharply set back by our March 5
condemnation of Iraq for CW [chemical weapons] use, despite our repeated
warnings that this issue would emerge [as a public issue] sooner or later. Given
its wartime preoccupations and its distress at our CW statement, the Iraqi
leadership probably will have little interest in discussing Lebanon, the
Arab-Israeli conflict, or other matters except as they may impinge on Iraq’s
increasingly desperate struggle for survival. If Saddam or Tariq Aziz receives
you against consider, and to reject, a pending application from Westinghouse to
participate in a $160 million portion of a $1 billion Hyundai thermal power
plant project in Iraq, this decision will only confirm Iraqi perceptions that
ExIm [Export-Import Bank] financing for the Aqaba pipeline is out of the
question. Eagleburger tried to put this perception to a rest, however,
emphasizing to Kittani the administration’s firm support for the line (see March
15, 1984). The door is not yet closed to ExIm or other USG [US government]
financial assistance to this project....” At the very end of the cable, it is
noted that “Iraq officials have professed to be at a loss to explain our actions
as measured against our stated objectives. As with our CW statement, their
temptation is to give up rational analysis and retreat to the line that US
policies are basically anti-Arab and hostage to the desires of Israel.”
[Vallette, 3/24/2003; US Department of State, 3/24/1984 ]
Entity Tags: Donald Rumsfeld, George Shultz
April 5, 1984 US President Ronald Reagan issues presidential directive NSDD 139,
titled, “Measures to improve US posture and readiness to respond to developments
in the Iran-Iraq War.” The directive stresses the importance of ensuring US
access to military facilities in the Gulf region and preventing “an Iraqi
collapse.” Though the directive says that the US should maintain its policy of
“unambiguous” condemnation of chemical warfare—without mentioning Iraq—the
document also emphasizes that the US should “place equal stress on the urgent
need to dissuade Iran from continuing the ruthless and inhumane tactics which
have characterized recent offensives.” The directive does not suggest ending or
reducing US support for Iraq. [Battle, 2/25/2003; US Department of State,
3/30/1984 ]
Entity Tags: Ronald Reagan
October 1, 1984-October 13, 1993 The Reagan and Bush administrations’ commerce
departments allow US companies and the US Centers for Disease Control and
Prevention to export chemical and biological agents as well as other dual-use
items to Iraq, despite the country’s known record of using chemical weapons.
According to government regulations, the Commerce Department must send
applications for export licenses which involve items related to national
security to the appropriate US government agencies for review. Reviewing
agencies include the State Department, Department of Defense, Energy Department,
and Subgroup on Nuclear Export Coordination. But in many cases, the Commerce
Department either does not send national security-related applications to these
agencies for review, or if it does, it overrides a review agency’s
recommendation not to grant a license, allowing the item to be exported anyway.
[Jentleson, 1994, pp. 79; Timmerman, 1991, pp. 202, 410] According to two Senate
Committee Reports that will be completed in 1994, one on May 25 and another on
October 7, dual-use chemical and biological agents exported to Iraq from the US
significantly contributed to the country’s weapons arsenal. The initial May
report will say the agents “were not attenuated or weakened and were capable of
reproduction” and the October report will reveal that the “microorganisms
exported by the United States were identical to those the United Nations
inspectors found and removed from the Iraqi biological warfare program.” The
1994 investigation also determines that other exports such as plans and
equipment also contributed significantly to Iraq’s military capabilities. “UN
inspectors had identified many United States manufactured items that had been
exported from the United States to Iraq under licenses issued by the Department
of Commerce, and established] that these items were used to further Iraq’s
chemical and nuclear weapons development and its missile delivery system
development program,” Donald Riegle, the chairman of the committee, will
explain. He also says that between January 1985 and August 1990, the “executive
branch of our government approved 771 different export licenses for sale of
dual-use technology to Iraq.” [Sunday Herald (Glasgow), 9/8/2002; London Times,
12/31/2002; CounterPunch, 8/20/2002; US Congress, 5/25/1994; US Congress,
10/7/1994; US Congress, 5/25/1994]
Biological and chemical agents -
Bacillus Anthracis, cause of anthrax. [CounterPunch, 8/20/2002; Sunday Herald
(Glasgow), 9/8/2002]
Clostridium Botulinum, a source of botulinum toxin. It was sold to Iraq right up
until 1992. [CounterPunch, 8/20/2002; Sunday Herald (Glasgow), 9/8/2002]
Histoplasma Capsulatam, cause of a disease attacking lungs, brain, spinal cord
and heart. [CounterPunch, 8/20/2002]
Brucella Melitensis, a bacteria that can damage major organs. [CounterPunch,
8/20/2002; Sunday Herald (Glasgow), 9/8/2002]
Clotsridium Perfringens, a highly toxic bacteria causing systemic illness, gas
gangrene. [CounterPunch, 8/20/2002; Sunday Herald (Glasgow), 9/8/2002]
Clostridium tetani, highly toxigenic. [CounterPunch, 8/20/2002; Sunday Herald
(Glasgow), 9/8/2002]
Also, Escherichia Coli (E.Coli); genetic materials; human and bacterial DNA.
[CounterPunch, 8/20/2002]
VX nerve gas. [Sunday Herald (Glasgow), 9/8/2002]
Pralidoxine, an antidote to nerve gas which can also be reverse engineered to
create actual nerve gas. This was sold to Iraq in March 1992, after the end of
the Gulf War. [Sunday Herald (Glasgow), 9/8/2002]
Other exports -
Chemical warfare-agent production facility plans and technical drawings.
[Newsday, 12/13/2002]
Chemical warfare filling equipment. [Newsday, 12/13/2002]
Missile fabrication equipment. [Newsday, 12/13/2002]
Missile system guidance equipment. [Newsday, 12/13/2002]
Graphics terminals to design and analyze rockets. [Washington Post, 3/11/1991]
Machine tools and lasers to extend ballistic missile range. [US Congress,
7/2/1991]
Computers to develop ballistic missiles and nuclear weapons. [US Congress,
7/2/1991]
$1 million in computers, flight simulators and other technology products that
went to Saad 16 research center in Iraq (see November 1986). [Washington Post,
3/11/1991]
Entity Tags: Donald Riegle, US Congress Additional Info
1988 The US increases the amount of military intelligence it provides Iraq, a
significant portion of which is channeled to the Iraqis through the CIA’s
Baghdad office. [Washington Post, 12/30/2002]
March 1988 According to several accounts, Iraq uses US-supplied Bell helicopters
to deploy chemical weapons during its campaign to recapture lost territories in
its war with Iran. One of the towns that is within the conflict zone is the
Kurdish village of Halabja, with a population of about 70,000. Between 3,200 and
5,000 Halabja civilians are reportedly killed by poison gas. Other accounts,
however, suggest that Iranian gas is responsible for the attack on Halabja, a
version that is promoted by the Reagan administration in order to divert the
blame away from Iraq. Some believe the US version of the Halabja massacre is
“cooked up in the Pentagon.” A declassified State Department document
“demonstrate[s] that US diplomats received instructions to press this line with
US allies, and to decline to discuss the details.” [Washington Post, 3/11/1991;
Los Angeles Times, 2/13/1991; US Department of the Navy, 12/10/1990; New York
Times, 1/31/2003; International Herald Tribune, 1/17/2003]
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continued
March 24, 1989 Secretary of State James Baker receives a memo from the State
Department informing him that Iraq is aggressively developing chemical and
biological weapons, as well as new missiles. In spite of this disturbing
intelligence, the memo also instructs Baker to express the administration’s
“interest in broadening US-Iraqi ties” to Iraqi Undersecretary Kizam Hamdoon.
[US Department of State, 3/24/1989]
Entity Tags: James Baker, Kizam Hamdoon
July 25, 1990 US ambassador to Baghdad, April Glaspie, meets with Saddam Hussein
and promises him that Bush wants “better and deeper relations.” She also claims
that the president is an “intelligent man,” adding, “He is not going to declare
an economic war against Iraq.” [Washington Post, 12/30/2002; London Times,
12/31/2002] She also informs him that the United States has “no opinion” on
Arab-Arab conflicts, such as Baghdad’s border disagreement with its neighbor.
[Los Angeles Times, 1/5/2003]
Entity Tags: George Herbert Walker Bush, April Glaspie, Saddam Hussein
August 2, 1990 Iraq invades Kuwait.
1992 The last shipment of Clostridium Botulinum, a source of botulinum toxin, is
sent to Iraq. [Sunday Herald (Glasgow), 9/8/2002]
March 1992 Iraq receives its last shipment from the US of Pralidoxine, an
antidote to nerve gas which can also be reverse engineered to create actual
nerve gas. [Sunday Herald (Glasgow), 9/8/2002]
September 19, 2002 Secretary of Defense Donald Rumsfeld is subjected to intense
questioning by Senator Robert Byrd about the United States’ role in providing
Iraq with the materials for its chemical and biological weapons and Rumsfeld’s
December 20, 1983 visit to Baghdad (see December 20, 1983). [US Congress,
9/20/2002]
Sen. Robert Byrd - “Mr. Secretary, to your knowledge, did the United States help
Iraq to acquire the building blocks of biological weapons during the Iran-Iraq
War? Are we, in fact, now facing the possibility of reaping what we have sown?”
[US Congress, 9/20/2002]
Defense Secr. Donald Rumsfeld - “Certainly not to my knowledge. I have no
knowledge of United States companies or government being involved in assisting
Iraq develop chemical, biological or nuclear weapons.” [US Congress, 9/20/2002]
Sen. Robert Byrd - “[After reading Mr. Rumsfeld excerpts from a Newsweek
article] Let me ask you again: Did the United States help Iraq to acquire the
building blocks of biological weapons during the Iran-Iraq War? Are we, in fact,
now facing the possibility of reaping what we have sown?” [US Congress,
9/20/2002]
Defense Secr. Donald Rumsfeld - “I have not read the article.... I was, for a
period in late ’83 and early ’84, asked by President Reagan to serve as Middle
East envoy after the Marines—241 Marines were killed in Beirut. As part of my
responsibilities I did visit Baghdad. I did meet with Mr. Tariq Aziz. And I did
meet with Saddam Hussein and spent some time visiting with them about the war
they were engaged in with Iran. At the time our concern, of course, was Syria
and Syria’s role in Lebanon and Lebanon’s role in the Middle East and the
terrorist acts that were taking place. As a private citizen I was assisting only
for a period of months. I have never heard anything like what you’ve read, I
have no knowledge of it whatsoever, and I doubt it.” [US Congress, 9/20/2002]
Entity Tags: Robert C. Byrd, Donald Rumsfeld
The link- US-Iraq 1980s
more to come
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continued
The Teicher Affidavit: Iraq-Gate
The Teicher Affidavit: Iraq-Gate
Following is the sworn court declaration of former NSC official Howard Teicher,
dated 1/31/95, regarding 'Iraqgate.' The document is currently under seal by the
US District Court, Southern District of Florida. The original document bears
Teicher's dated signature.
--------------------------------------------------------------------------------
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF FLORIDA
UNITED STATES OF AMERICA,
Plaintiff,
v. Case
No.:
93-241-CR-HIGHSMITH
CARLOS CARDOEN,
FRANCO SAFTA,
JORGE BURR,
INDUSTRIAS CARDOEN LIMITADA, DECLARATION OF
a/k/a INCAR, HOWARD TEICHER
SWISSCO MANAGEMENT GROUP, INC.
EDWARD A. JOHNSON
RONALD W. GRIFFIN, and
TELEDYNE INDUSTRIES, INC.,
d/b/a,
TELEDYNE WAH CHANG ALBANY,
)
Defendents.
_____________________________________________
I. Howard Teicher, hereby state that, to the best of my knowledge
and belief, the facts presented herein are true, correct and complete. I
further state that to the best of my knowledge and belief, nothing stated
in this Declaration constitutes classified information.
1. My name is Howard Teicher. From 1977 to 1987, I served in the
United States government as a member of the national security bureaucracy.
>From early 1982 to 1987, I served as a Staff Member to the United States
National Security Council.
Read it
7. CIA Director Casey personally spearheaded the effort to ensure
that Iraq had sufficient military weapons, ammunition and vehicles to
avoid losing the Iran-Iraq war. Pursuant to the secred NSDD, the United
States actively supported the Iraqi war effort by supplying the Iraqis
with billions of dollars of credits, by providing U.S. military
intelligence and advice to the Iraqis, and by closely monitoring third
country arms sales to Iraq to make sure that Iraq had the military
weaponry required. The United States also provided strategic operational
advice to the Iraqis to better use their assets in combat. For example,
in 1986, President Reagan sent a secret message to Saddam Hussein telling
him that Iraq should step up its air war and bombing of Iran. This.......
The Freedom of Information Center
Following Iraq's bioweapons trail
By Robert Novak
Sun-Times Columnist
September 26/02
Sen. Robert Byrd, a master at hectoring executive branch witnesses, asked
Defense Secretary Donald Rumsfeld a provocative question last week: Did the
United States help Saddam Hussein produce weapons of biological warfare?
Rumsfeld brushed off the Senate's 84-year-old president pro tem like a Pentagon
reporter. But a paper trail indicates Rumsfeld should have answered
yes......................................
the Link
Following Iraq's bioweapons trail
Secret Message From James Baker to Tariq Aziz
This October 21, 1989 cable carries the text of a secret message from Secretary
of State James Baker to Iraqi Foreign Minister Tariq Aziz. Baker informs Aziz,
whose government 13 months previously had gassed Kurdish villages, that "the
United States seeks a broadened and deepened relationship with Iraq." President
Bush's policy, writes Baker, "is to work to strengthen the relationship between
the United States and Iraq whenever possible."
the link
Secret Message From James Baker to Tariq Aziz read bottom of page
lets not forget the sanction imposed on saddams regime at the end of the gulf
war and the time line of the OIl for food.
Oil for food timeline
INDEPTH: IRAQ
Oil-for-food program timeline
CBC News Online | October 27, 2005
April 14, 1995:
The UN Security Council passes Resolution 986, which allows Iraqi to buy food
and medicine with money raised from the sale of its oil. Iraq doesn't accept the
resolution until May 1996.
the link CBC News Indepth: Iraq
the sanctions completely broke down Iraq. And the oil for food was completely
crooked in the way it was run.
Ronald Reagans era -1981 to 1989
Daddy Bush era- 1989 to 1993
Bill Clinton - 1993 -2001
George w Bush 2001- to present
All these presidents have one thing in common they knew that Iraq had chemical
weapons we supplied them.
The funny thing about all this the Iraqi dinar is it remained level in value up
until the sanctions took place for invading kuwait.
One Iraqi dinar remained equal to US$2.80 until December 1971, when major
realignments of world currencies began. Upon the devaluation of the United
States dollar in 1973, the Iraqi dinar appreciated to US$3.39. It remained at
this level until the outbreak of the Iran-Iraq War in 1980. In 1982 Iraq
devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this
official exchange rate without additional devaluation despite mounting debt. In
early 1988, the official dinar-dollar exchange rate was still ID1 to US$3.22;
however, with estimates of the nation's inflation rate ranging from 25 percent
to 50 percent per year in 1985 and 1986, the dinar's real transaction value, or
black market exchange rate, was far lower-- only about half the 1986 official
rate.
The Iraqi dinar was worth $US3.20 before the United Nations embargo that
followed Iraq's 1990 invasion of Kuwait. By August 2002 it was trading at just
below 2000 to the US dollar, and by mid-April 2003 it had slipped to anywhere
between 3500 and 4000 against the dollar. In July 2003 one US dollar equaled
about 1,500 Iraqi dinars. Nearly all the bank notes issued after the 1991 Gulf
War were without watermark or metal line due to technical difficulties, which is
why so many forgeries took place.
the link New Iraqi Currency / New Iraqi Dinar
They did not have adequte reserves in the CBI to be able to cover a $3.22
exchange rate prior to invading Kuwait. They had been in a war with Iran and
this where the debt came and it drained all thier reserves. We helped Iraq with
this war in suppyling arms knowingly and all past and present presidents have
participated.
We now have the International Compact which is the same as the marshall Plan
with 20 countries particpating in the economic recovery of Iraq. The g-8 is in
this group of countries and is responsible for 65% of the worlds trade.
This alone will probabably fast track the WTO process. The members of the
International compact have every intention of increasing trade with Iraq and any
value below 1=1 is not a option.
Bumping this since we have been talking about it today!:biggrin: