Thread: Iraqi/Dinar News History 2-3-07 thru 3-5-07(at 11:30am cst)

$ 7.75

Yesterday I went to the bank.

Wow! I thought. So many people!

Iraqis are not “bank oriented” people, if they have any excess; they tend to keep it at home.

Previous experiences have taught us not to trust banks; they have been known to hold on to your money when you need it in a jiffy!

Inside Iraq

Originally Posted by jsfletcher

$ 7.75

Yesterday I went to the bank.

Wow! I thought. So many people!

Iraqis are not “bank oriented” people, if they have any excess; they tend to keep it at home.

Previous experiences have taught us not to trust banks; they have been known to hold on to your money when you need it in a jiffy!

Inside Iraq

I've read this and other articles from the "Washington Bureau" website and I must speak up and say that EVERY article regarding Iraq is spun to the negative.

Is there any truth to this article? Or has it been fabricated?

I do not recall any other accounts of this 10,000 dinar fiasco AT A BANK. Are there really that many people at a bank in Iraq these days?

The author of the story is anonymous. It reads in the first person. Sounds more to me like a fictional account of what someone who is anti-war would spin up to get attention.

But this is just my feelings. I could be wrong but I felt compelled to counter this story with some provacative thoughts....

Thank you.

Thanks for all the great news
and
points of views tonight

And a big thank you to our administrator for looking out for all us "common folks"

Originally Posted by Hardwood

I've read this and other articles from the "Washington Bureau" website and I must speak up and say that EVERY article regarding Iraq is spun to the negative.

Is there any truth to this article? Or has it been fabricated?

I do not recall any other accounts of this 10,000 dinar fiasco AT A BANK. Are there really that many people at a bank in Iraq these days?

The author of the story is anonymous. It reads in the first person. Sounds more to me like a fictional account of what someone who is anti-war would spin up to get attention.

But this is just my feelings. I could be wrong but I felt compelled to counter this story with some provacative thoughts....

Thank you.

Very good points.. I wish I had the time to read the countless articles out there. Unfortunatley I don't so I rely on this kind of feedback. Thank you

Originally Posted by jsfletcher

Very good points.. I wish I had the time to read the countless articles out there. Unfortunatley I don't so I rely on this kind of feedback. Thank you

I concur.
Leann

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Countdown d 4974 date March 3 / 200 7

The American ambassador to congratulate the Iraqi people on the ratification of the Law of oil and gas ‏

Sent American Ambassador to Iraq, Mr. Zalmay Khalilzad had sent a message of congratulations to the Iraqi people on the ratification of the Law of the oil came where :

The Iraqi Council of Ministers approved the draft law of oil and gas nationally. On behalf of the United States of America, I congratulate the government of national unity in Iraq, led by Prime Minister Nuri al-Maliki and the leaders of the bloc political President and the government of Kurdistan. He also commended the Energy Commission of the Council of Ministers headed by Deputy Prime Minister Barham Salih and with the participation of the Minister of Oil, Mr. Hussein Shahrastani and Minister of Planning Mr. Papan and the Minister of Finance, Mr. Jabr statement, the Minister of Justice, Mr. Hashim Al-Shebli, Minister of Electricity, Mr. Karim Hassan Wahid and Central Bank Governor Sinan Shabibi and Mr. adviser to Mr. Prime Minister, Mr. Thamer Ghadban, and Mr. Asti Haurami of government pw William Cordstan for the considerable efforts made by the group.

And this is a politically important, as shown by the leaders who represent all segments of Iraqi society that they are capable of working in tandem to solve the difficult issues of vital national importance.

The law of this oil, which contains firmly committed to participate in the proceeds among regions and provinces, reaffirms The oil and gas resources belong to all the Iraqi people. Under this law, all proceeds from the oil sales will go to the expense of a national one.

This is the first time since 2003, which is where all segments of Iraqi society President on such important legislation. This law is the pillar Chairperson of the National Pact, which was adopted by the Iraqis. National Charter can be achieved if completed, will similar solutions on the future of the law abolishing the Baath and amending the constitution. Iraqis have witnessed bad days and days will be difficult for them in their struggle for greater security for the residents of Baghdad. In any event the Iraqis feel great satisfaction after the issuance of oil and gas law by the Council of Ministers.
May God bless the people of Iraq.

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Authorize the Minister of Finance to sign agreements on Iraqi debt reorganization

03 / 03 / 2007-11:36

He said government spokesman on Skinner that the Cabinet decided to ratify the Convention on debt reduction agreements with the Paris Club during its regular session. Skinner explained in a press statement that "the Board authorized the Finance Minister Baqer Jabr Al-Zubaydi sign all the conventions executive of the Convention with leave the signing of the reduction and reorganization of the Iraqi debt with Switzerland, Germany and the write-off Iraq's debts with Romania. "
The Zubaidi had said that "the ministry said responsible for the debt settlement and the signing of loan agreements are the Ministry of Finance, while responsible for grants the Ministry of Planning. " Pointing out that "his ministry and his government are working actively to resolve the issue of Iraq's debts final."

The Finance Minister said that "his country is committed with the International Monetary Fund under the Convention imposes on Iraq to economic reforms alia, raising the prices of oil derivatives, while the IMF is committed to supporting Iraq in the reduction of 80% of its debt, which actually in the last three years. " He disclosed that the conditions of the International Monetary Fund, "raising support added" on oil derivatives.
He said, "that Iraq obtained the loans important from Iran and Japan," saying that he had "been this year with the signing of two agreements First Republic Iran, which provided a loan of one billion dollars, a long-term loan over forty years, described as a "soft loan" terms will not be paying any interest during the first ten years.

The second agreement is with Japan, which provided a loan of 5 R. three billion dollars, a soft loan also in addition to 500 one million dollars from the World Bank.

The impact of economic planning and development in the Iraqi economy
03.03.07
Adnan al-Kinani

Planning is the expression of bitter on the subject and style economic adopted by Iraq in the new constitution, and for the purpose of activating the role of planning and development in the Iraqi economy, which suffers from many problems and obstacles, we have to focus on the implementation of the Investment Law, which is now in into effect, as it develops wealth, the fact that the economic thinking adopted by the government of National Unity

Is the creation of a wealth of investment, and a focus on creative work distinguished by the rise of nations, already boast of a distinguished between United, because we need now is not only to create wealth, but the work of the United distinct rise, particularly since the planning of the work we have institutionalized, and possesses heritage Ghazir compared with the countries of the region and other Arab countries, some of which depend central planning means to achieve their economic goals.

Despite the neglect of the role of the private sector by the former regime and its dependence on the public sector which is the largest producer and consumer and buyer and the seller ... We must find appropriate opportunities for activating the role of the private sector in the Iraqi economy and the introduction of all the indicators of activities among the concerns of planning our government, and to take serious stand and the courage to activate its role and everything to re-speed dynamism in the movement of the Iraqi economy and the service development.

And when we talk about activating the role of the private sector means (labs and affiliated companies of this sector, and officially approved, so when we think of the advancement in the the role of the private sector, we must think seriously about how to develop this sector and we labs stalled and solutions rapidly material support operation of laboratories and companies affiliated to the private sector, but it should be noted that there is a ministerial committee headed by Minister of Industry and Minerals to study the numerous problems facing the private sector, and the creation of opportunities to support the private sector through loans of loans.

Here we can say through this, the planning without the information and statistics and numerical data, we have to pause and serious before the Ministry of Planning to re-examine the figures doubtful validity and to ensure accuracy, as is the analysis of potential plan, We can carry out this analysis without verifying the accuracy of the figures relevant certain indicators, such as contributions relevant sectoral certain indicators, such as contributions and the sectoral growth rates of gross domestic product and others.

We emphasize once again the role of the private sector in activating the movement of the Iraqi economy according to the nature of its role in the economic development process, as well as the new investment law, and all laws and resolutions and other relevant instructions.

We must also take into account new trends in connection with the federal budget for 2007 (balance between activating the economy and the balance of the budget) and the preparation of the investment budget (funding for the benefit and funding free).

Most attention planning resources and manpower planning related to project planning, as well as activating the private and mixed sectors and cooperative together in the various activities economic.

We believe that our planning is able to deal with ambition and realistic data curriculum development after the completion of the new Iraqi budget for the year (2007) and start the flow of huge international loans to Iraq, it could formulate goals and indicators consistent with the additions of intellectual the State of the Prime Minister and the Deputy Prime Minister (Chairman of the Economic Committee) and the ministers concerned (financial planning trade industry and minerals) to serve the question of planning and development, Iraq's economic and need of energy and tireless activity and working hard to spread the spirit and enthusiasm of the Iraqi economy new is the guarantor of political stability and security in the country, and that that is considered during the year 2007, God willing.

Translated version of http://www.alsabaah.com/paper.php?source=akbar&page=37

Victory in Iraq? Give it time

WHAT if we win in Iraq? If the thought makes you break out in a cold sweat, you could be a Democratic candidate for president.

Democratic leaders in Congress have cut and run from the "slow bleed" strategy (to hamstring the war effort in Iraq through restrictive amendments in the defense appropriations bill) outlined by Rep. John P. Murtha, a Pennsylvania Democrat, that I described last week.

But sabotaging the war effort is still foremost on the Democratic agenda. Sen. "Slow Joe" Biden of Delaware wants to repeal the 2002 authorization to go to war in Iraq (for which Senator Biden had voted).

Democrats have invested so much political capital in an American defeat that their electoral prospects in 2008 could be devastated if we win.

And win we very well may. The troop surge the Democrats are trying to stop already has produced a sharp decline in the number of bullet-riddled bodies found in the streets of Baghdad, the Associated Press reported Tuesday.

"Since the crackdown was formally launched Feb. 14, a total of 164 bodies have been found in the capital as of Monday," according to AP figures. "The AP count showed that 390 bodies were discovered in the same period in January."

"The best part remains the return of displaced families to their homes," wrote the Iraqi Web logger Mohammed Fadhil, a Sunni. "More than 600 families have returned so far."

I'm flabbergasted that it took the President until last December to realize that protecting the Iraqi population is the key to success.

Recognition of the obvious has come awfully late. But not too late, thinks Donald Stoker, who teaches strategy at the Naval Postgraduate School in Monterey, Calif.

Most insurgencies fail, and the insurgents in Iraq lack the ingredients of the few successful insurgencies of the 20th century, Professor Stoker said.

Nearly 3,400 service members have been killed in Iraq and Afghanistan. Each of these deaths is a tragedy. But our combat deaths have been fewer than the number of troops who die from accidents when the nation is conducting ground wars. (During the Clinton administration, an average of 939 personnel died each year, mostly in accidents. Since 2003, an average of 800 troops have died each year in Iraq.)

The Bush Administration's mistakes doubtless have prolonged the war. But our perception of failure may be more the product of ignorance and impatience than of the realities on the ground. Typically, it takes eight to 11 years to defeat an insurgency, Mr. Stoker said. We've been in Iraq for less than four.

The passage of time is required for the adjustments in attitude which seem to be taking place among Iraqis. Sunnis had to be disabused of the notion they could continue to lord it over the majority Shiites and the Kurds. And Sunnis had to experience the ugliness of al-Qaeda rule in Fallujah and Tal Afar before public opinion among them turned decisively against the terror group.

There have been major political gains in recent months. Iraqi Prime Minister Nouri al-Maliki no longer is using linguini for a spine. The Iraqi parliament has agreed on an oil revenue sharing plan. The discovery of major oil deposits in Anbar should spur Sunni desires for peace.

Democrats clamored for a U.S. defeat during the Civil War. The Copperheads were ascendant until General Sherman captured Atlanta two months before the 1864 elections. But Republicans creamed them when voters thought victory was nigh. President Bush may have his Atlanta before the primaries begin.

If the war is going badly in the fall of 2008, Republicans are toast. But if it's going well, the Democrats will be feeling the heat. So while it might make political sense now for Democrats to want to pull out of Iraq before the job is done, it is a political posture that could come back to bite them.



I THINK THE GREEN PART IS WRONG...AGAIN...