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  1. #12431
    Senior Member texaslonghorns's Avatar
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    Default 300 Billion in cash ???

    Quote Originally Posted by Justpraying View Post
    I agree with you Susie as long as the reval has happened, I just don't see them opening accounts with $6.00. But I do belive that the checks or cards will be issued with dates on them that they are good to cash/use/deposit that will be on or after the reval. Just my 2 cents
    What I want to know is if there isn't a reval before the Eid checks are issued, will the bank have the 300 billion in cash to give out? You know they are going to cash everyone of those checks immediatly

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    The postponement of the vote on the draft form Territories

    (Voice of Iraq) - 10-10-2006 | This issue was sent to a friend

    Al Accord Front »attending the meeting and the bloc would boycott the chest ... The postponement of the vote on the draft form Territories
    Baghdad-Abdul Wahid taste of life-10 / 10 / 06 / /

    The draft is still forming regions in Iraq faces obstacles before it is approved in parliament after a third and final reading because of the continuing divergence in the positions of the political blocs from the project. With parliamentary sources expected to postpone approval until the meeting tomorrow, Wednesday, for administrative and security reasons. And there were reports about the presence of Al »Accord Front headed by Adnan Al Dulaimi, a vote on the project, Block stressed Chest (30 deputies) announced its intention to boycott the meeting.
    He said Aref Taifour, Second Deputy Speaker of the Chamber of Deputies, in a statement to Al-Hayat Al »," The parliamentary blocs do not agree to include the issue of voting on the law in the agenda for the meeting Tuesday, He pointed out that an escalation of security against the tide Sadri, areas considered strongholds of young Shiite leader Muqtada al-Sadr would prevent members attended mass chest meetings this week.

    The Tifour said that the Accord Front, led by Adnan Al-Dulaimi »promised the Presidency to attend the meetings vote on the draft despite initial opposition federalism.

    He attributed the Deputy Karim have deployed delaying the vote on the draft to the formation of regions where legal reasons prevent article 136 of the rules of procedure of the Council put forward a bill to a vote after only four days on the latest debate him. He pointed out the existence of an agreement among all the political blocs to put up the four projects detailed addressed through itemizing before voting on it. He expected Al success have deployed forces opposed to the failure to pass a federal project because it would boycott the special meeting voting bloc such as chest and because Accord Front », a large number of members of Al Iraqi List» will impact negatively on the Quorum and lead to torpedo the draft federal fully in the event of a postponement of the issue of j after the 22nd of October (October), according to the current constitution ».

    The deputy affirmed Shnischle Falah, President chest bloc in the parliament in a statement to Al-Hayat »," The bloc would boycott the hearing on confirmation of the project to assert our principled stand of refusing to federal and utterly at this particular time », revealed a similar position to" Accord Front and the Vice », on the Iraqi List», He said, "will attend the meeting to block consensus, but would vote against the project», referring to the existence of divisions within the Iraqi List on this law also ».

    Meanwhile, the Foreign Minister Hoshyar Zebari start preparations for the convening of the Conference of Foreign Ministers of Iraqi neighboring states in Baghdad early next year. A statement issued by the Foreign Ministry said Zebari, who met Iranian Ambassador to Baghdad Hassan Kazemi ullage condition yesterday. The readiness of Iraq to hold this conference in Baghdad. Zebari stressed on the need to open consulates in the Iraqi scene and open spaces in the light of Iran's consulates in Basra and Sulaymaniyah.


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  3. #12433
    Banned lndmn_01's Avatar
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    Three projects for the territories before the Iraqi Parliament today
    Iraqi Vice expected to witness a meeting of the Iraqi parliament today, the drafts of the new law Territories controversial, after the 1609/86 decision of the Constitutional Court, the concurrent operation of sections 118 and 142 of the primacy of one without the other.
    She said another Hashemite speaking from the list of the United Iraqi Alliance that today's meeting will put three drafts of the law of the provinces, It went on to "Public Opinion», said that the parliament will vote on one of the projects submitted by the parties on the issue of federalism to choose the most suitable and appropriate for all spectra of the people. She explained that there is three drafts submitted by each of the Rules of the United Iraqi Alliance and the Iraqi List and Iraqi Accord Front », However, they did not reveal any details about any of the three projects. She pointed out that the three projects will be presented to members of Parliament and then vote on them to get approval.
    She expressed fears of the Hashemite out that the presence of members of the political blocs objecting to the law of the meeting, which will lead to the postponement of the meeting because of lack of quorum ».
    But Sheikh Hamid burdensome, the leading member, on the Supreme Council for the Islamic Revolution in Iraq », he said it was not true sense draft, but the drafts and proposals ». He added that he would be reading drafts "the form of the first and second opinion, and therefore will be voting», the draft is expected to receive that are not inconsistent with the terms of the Constitution the consent of Deputies.
    The deputy said Karim Mohsen have deployed, the leading member of the Virtue Party, The draft law submitted by the Non Virtue of the Parliament that would resolve the dispute between the demands of the Federation is rejected. He continued : "I included the composition of the territory of our province and one module, and preserve the territorial powers, At the same time retain its population and administrative unity of the same province. »


    anyone want to give their take on this?

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    Iraq is preparing to hold a meeting the neighboring countries in Baghdad

    (Voice of Iraq) - 10-10-2006 | This issue was sent to a friend

    Iraq is preparing to hold a meeting the neighboring countries in Baghdad
    Baghdad : KUNA The Iraqi Foreign Minister Hoshyar Zebari said his country began preparations for the convening of the Conference of Foreign Ministers of Iraqi neighboring states in the capital Baghdad early next year.
    A statement issued by the Foreign Ministry said Iraqi Foreign Minister Hoshyar Zebari announced to the Iranian ambassador in Baghdad, Hassan Kazemi ullage condition during their country's desire to host the next meeting of the Foreign Ministers of Iraqi neighboring states in Baghdad at the beginning of next year.
    The statement said that Zebari discussed during his meeting with Iranian Ambassador to the various aspects of bilateral relations between the two countries, including the approval of the Iraqi government to open cultural Mlhaqih Iranian and Iraqi desire to open a cultural center and to provide Iran Iranian oil derivatives to Iraq.
    The two sides discussed the visits of the citizens thresholds sites in the two countries and boosting trade exchange between the two countries and Iran to Iraq to provide electric power and the importance of regular meetings between the supervisors at the border between the two countries to serve their common interests.
    Kuwaiti homeland

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  5. #12435
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    The Supreme Council »will not nominate anyone in the elections of Nasiriyah Governorate

    (Voice of Iraq) - 10-10-2006 | This issue was sent to a friend

    Al Supreme Council »will not nominate anyone in the elections of Nasiriyah Governorate
    Nasiriyah life-10 / 10 / 06 / /

    Sources close to the Supreme Council for Islamic Revolution in Nasiriyah (southern Iraq) that there are separate lists for the nomination during the elections to the province. He said the meeting Abu Amri, Assistant official leadership of Al Badr Organization »: "I do not there is such because our approach is a line our political leadership, religious and the Supreme Council and the Badr Organization, an inner sanctuary martyr, The Hezbollah movement in Iraq operate under one tent ». A source in the Al Shaheed inner sanctuary »he had no information on the subject and that everyone is working under the umbrella of Al» Supreme Council chaired by the President of the list of the coalition »Aziz Al-Hakim. He pointed to "the lack of separate lists as some candidature for the provincial assemblies future», He added that there is a joint program differs from the previous one in terms of the nomination of a person Secretary interest of his country and his people ». He pointed out that there failures occurred at the past and present of the preservation ».

    He described the relations between "the Supreme Council» and secular movements and political entities in the province, as Al and good dialogue between them and us constantly », He came at the invitation of the President of San valid coalition »of" disarming the militias and the elimination of the armed rallies and countless arms in the hands of the state and its organs ».


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  6. #12436
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    Question Attention who can answer this!

    Quote Originally Posted by texaslonghorns View Post
    What I want to know is if there isn't a reval before the Eid checks are issued, will the bank have the 300 billion in cash to give out? You know they are going to cash everyone of those checks immediatly


    Yes where will this money come from? One explanation could be that. If they do an RV of say 1 to 1. Then all of a sudden like magic they will have trillions of dinars = to USD's! I will also add backed by the World Bank & IMF! Also Fiat money come into play! Nation building plus the world market, if freely traded!!!!!!!!

    Who else want's to take a crack at this! Very GOOD question!!!..........


  7. #12437
    Banned lndmn_01's Avatar
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    This is old news but great info, sporter posted it at IIF.

    New Iraqi Dinar (NID)-Presidential Order 13303 allows US Citizens to invest in the New Iraq
    emediawire.com ^

    Posted on 03/22/2004 6:08:11 PM PST by chance33_98


    New Iraqi Dinar (NID)
    Presidential Order 13303 allows US Citizens to invest in the New Iraq. Under this Order and the Coalition Provisional Government Order 39, a US citizen has the same rights to investments as an Iraqi citizen
    IRAQ (PRWEB) March 2, 2004 -- Investment in the new Iraq is guaranteed under the Presidential Order 13303 removing sanctions on investment in Iraq. The new order allows for a restructuring of the banking system in Iraq. US citizens are allowed to invest in Currency, Stocks, Bonds, Real Estate and Business in Iraq.
    Iraq has a new currency to replace Iraq’s two currencies, one of which was easily counterfeited and mostly circulated in a single denomination. Banks issue only the new currency and government employees paid in cash will receive their salaries in the new currency. Until January 15, 2004 the old and new currencies will circulate freely at a fixed exchange rate. Exchange between the old and new currencies is conducted at now charge at multiple exchange points around the country.
    The other financial market structures are strong:
    95 percent of all pre-war bank customers have service and first-time customers are opening accounts daily. Iraqi banks are making loans to finance businesses. The central bank is fully independent. Iraq has one of the world’s most growth-oriented investment and banking laws. The new Iraqi dinar which is printed bu De La Rue company in the US and Great Britian, is valued at just 2 tenths of one cent today. The US treasury has a strong dinar policy and is working with the CPA (Coalition Provisional Authority) to reinstate a strong decentralized banking system in Iraq. By December 2004 there will be six Western Banks in Iraq and six Iraqi Banks outside Iraq in operation. In March Three banks were given licence to operate in Iraq, National Bank of Kuwait, HSBC Bank and Charter bank of England.

  8. #12438
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    Quote Originally Posted by goldraker View Post
    Yes where will this money come from? One explanation could be that. If they do an RV of say 1 to 1. Then all of a sudden like magic they will have trillions of dinars = to USD's! I will also add backed by the World Bank & IMF! Also Fiat money come into play! Nation building plus the world market, if freely traded!!!!!!!!

    Who else want's to take a crack at this! Very GOOD question!!!..........

    WELL, THEY CERTAINLY HAVE 300 BILLION DINARS (ROUGHLY 205 MILLION BUCKS). STILL, IT'S A VERY LARGE SUM, AND A REVAL WOULD PROBABLY RESULT IN THEM GIVING LESS DINARS THAN 300 BILLION (MATH PRETTY SIMPLE IF A 1:1 DOLLAR TO DINAR RATIO, 205 MILLION IS A DROP IN THE BUCKET FOR GOVERNMENTS THESE DAYS) IF IRAQ IS LEARNING ABOUT FIAT CURRENCY, THEY ARE LEARNING FROM THE BEST IN THE WORLD (U.S.A. THAT IS, LOL) BUT, OUR CURRENCY IS BACKED BY THE FULL FAITH AND CREDIT THAT THE U.S. CAN PAY DEBTS AND NOT BY GOLD ANYMORE, SO I'D HEDGE MY BET AND SAY OIL IS WORTH A HELLUVA LOT MORE THAN HOT AIR!! (IMHO OF COURSE)
    PS: Sorry for the caps here, I'm really not the screamin' type!!
    Last edited by whatever; 10-10-2006 at 03:25 AM.
    " May the fleas of a thousand camels infest the armpits of any infidels who stand in the way of the $1.48 reval of our blessed Dinar."--Some Iraqi guy

  9. #12439
    Senior Investor shotgunsusie's Avatar
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    Quote Originally Posted by CharmedPiper View Post
    The postponement of the vote on the draft form Territories

    (Voice of Iraq) - 10-10-2006 | This issue was sent to a friend

    Al Accord Front »attending the meeting and the bloc would boycott the chest ... The postponement of the vote on the draft form Territories
    Baghdad-Abdul Wahid taste of life-10 / 10 / 06 / /

    The draft is still forming regions in Iraq faces obstacles before it is approved in parliament after a third and final reading because of the continuing divergence in the positions of the political blocs from the project. With parliamentary sources expected to postpone approval until the meeting tomorrow, Wednesday, for administrative and security reasons. And there were reports about the presence of Al »Accord Front headed by Adnan Al Dulaimi, a vote on the project, Block stressed Chest (30 deputies) announced its intention to boycott the meeting.
    He said Aref Taifour, Second Deputy Speaker of the Chamber of Deputies, in a statement to Al-Hayat Al »," The parliamentary blocs do not agree to include the issue of voting on the law in the agenda for the meeting Tuesday, He pointed out that an escalation of security against the tide Sadri, areas considered strongholds of young Shiite leader Muqtada al-Sadr would prevent members attended mass chest meetings this week.

    The Tifour said that the Accord Front, led by Adnan Al-Dulaimi »promised the Presidency to attend the meetings vote on the draft despite initial opposition federalism.

    He attributed the Deputy Karim have deployed delaying the vote on the draft to the formation of regions where legal reasons prevent article 136 of the rules of procedure of the Council put forward a bill to a vote after only four days on the latest debate him. He pointed out the existence of an agreement among all the political blocs to put up the four projects detailed addressed through itemizing before voting on it. He expected Al success have deployed forces opposed to the failure to pass a federal project because it would boycott the special meeting voting bloc such as chest and because Accord Front », a large number of members of Al Iraqi List» will impact negatively on the Quorum and lead to torpedo the draft federal fully in the event of a postponement of the issue of j after the 22nd of October (October), according to the current constitution ».
    The deputy affirmed Shnischle Falah, President chest bloc in the parliament in a statement to Al-Hayat »," The bloc would boycott the hearing on confirmation of the project to assert our principled stand of refusing to federal and utterly at this particular time », revealed a similar position to" Accord Front and the Vice », on the Iraqi List», He said, "will attend the meeting to block consensus, but would vote against the project», referring to the existence of divisions within the Iraqi List on this law also ».

    Meanwhile, the Foreign Minister Hoshyar Zebari start preparations for the convening of the Conference of Foreign Ministers of Iraqi neighboring states in Baghdad early next year. A statement issued by the Foreign Ministry said Zebari, who met Iranian Ambassador to Baghdad Hassan Kazemi ullage condition yesterday. The readiness of Iraq to hold this conference in Baghdad. Zebari stressed on the need to open consulates in the Iraqi scene and open spaces in the light of Iran's consulates in Basra and Sulaymaniyah.


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    what 'administrative and security reasons' are indicating that it be postponed til wednesday? dont have the paperwork done? lol
    and if they dont get it done by the 22nd according to the constitution it is dead in the water.

    bloody hell the paint is DRY already!!
    JULY STILL AINT NO LIE!!!

    franny, were almost there!!

  10. #12440
    Investor One Oar's Avatar
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    SGS,

    They need a new playbook because this one is old and used up!

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