Thread: Iraq/Dinar News. 09/05 to 01/14/07

Okay, no I won't...but I'll tell ya, he came in while I was typing this and was pissy and prissy and ooohhh...I WANTED TO SOOO BAD!!!

C'MON SUSIE GIRL...C'MON GOOD PEOPLE OF IRAQ!!! LET'S MAKE THIS HAPPEN CUZ I CAN'T WAIT TO SEE THE LOOK ON HIS FACE WHEN WE (MY SWEET HUBBY AND ME) TELL HIM TOGETHER, THAT WE DON'T EVER HAVE TO WORK AGAIN!!!!
the look on his face me and my husband dancing down the gangway!!!!![/QUOTE]

Steady...steady...don't fire until you see the whites of his eyes (and the green of the reval!)

Director of the Iraq stock exchange market:the people are in need of a direct edification in iraq Stocks Investment



Iraqi Dinars | Iraqi News and Iraqi Money


"Director of the Iraq stock exchange market: the people are in need of a direct edification in iraq Stocks Investment
September 26, 2006

Taha said that there are several reasons for not circulating some companies’ stocks which are involved in selling and buying processes some of the companies are busy with their general boards’ meetings while others are prevented from circulating.


The last reason is the investor himself; most capital owners think that the best way of investing is to buy stocks and keep them. That is, they do not speculate them because either they are afraid to do so or they have no knowledge and experience in this kind of investment. That is why a large rate of some companies’ stocks is not circulated in the market. Taha confirmed that Iraqi exchange market planned, since its foundation, to educate the investor and whoever wants to enter the market through issuing regular publications about the market and the mechanisms of speculation. There is also the internet service which gives its visitor the access to inquire about almost anything. In addition, to thorough lessons about stocks and the exchange market.

Taha stated that electronic circulation, starting soon, will increase the range of circulation to include the rest of the provinces through agents who will be assigned to manage the speculation process in each province.


About the late revival of the circulated stocks’ prices, he explained that the rate of the increase in prices reached (5.2%) and it is a good one. What is more important is that the market maintained this raise. Taha anticipated that as soon as the electronic circulation begins, it will increase this rate even more and this will certainly revive the Iraqi stocks’ market. There is also the successful works of the participant companies which will eventually be reflected on the circulation prices of their stocks in the market.(Source) Al-Sharq Al-Awsat"

Originally Posted by Adster

You too Susie, time to stick down that deposit on the $5 million house with games room, leisure facilities, and cinema area, lol.

Have a look at this, makes a lot of sense and what some including Mike (OSW ) and myself have said for a long time. Give the people money they will turn against the terrorists......money is what it's all about.....



Forbes advocates Iraq oil dividends
SEP. 26 5:11 P.M. ET Former presidential candidate and billionaire publisher Steve Forbes on Tuesday said giving the Iraqi people a portion of oil profits would help secure the country against insurgents.

Forbes, the CEO of Forbes Inc. and editor-in-chief of Forbes magazine, said the country should create a fund similar to Alaska's permanent fund, which annually distributes dividends to eligible residents.

"Imagine if something like that was done in Iraq. Suddenly, everyone would want an address in Iraq," Forbes told about 350 people at the Arkansas State Chamber of Commerce/Associated Industries of Arkansas luncheon in Hot Springs. "Suddenly, the bulk of the population would be on the side of fighting the fanatics who are trying to disrupt oil production."

Established in 1976 after North Slope oil was discovered, the Alaska fund's dividends have been paid since 1982, ranging from $331.29 to a record high of $1,963.86 in 2000. This year, eligible Alaskans will each receive $1,106.96 from the fund.
Forbes, who unsuccessfully ran for the Republican presidential nomination in 1996 and 2000, said the war in Iraq and the potential for Iran to have nuclear weapons are the biggest uncertainties facing the American economy.

"One way or the other, we're going to have to deal with Iran," Forbes said. "If we don't do it, to be blunt with you, I think the Israelis will."

Forbes and Wal-Mart Stores Inc. Vice Chairman John Menzer addressed the chamber during its annual meeting, and Forbes focused on what he said are the underestimated strengths of the U.S. economy.

Forbes, an anti-tax advocate, continued to promote the idea of a flat tax as the most fair way to reform the nation's IRS system.

"When you look at the biggest obstacle to American progress, it's the federal income tax code," Forbes said.

The billionaire, however, said he's not interested in running again for president in 2008, but said he'll still continue pushing for a flat tax and other tax reforms.

Menzer detailed several steps he said the world's largest retailer is taking to transform itself and its appeal.

Menzer, the former president and CEO of Wal-Mart International, said the company is continuing to look at new markets in India.

"The Indian government today is working toward opening a retail sector that would open foreign investment and allow us to enter that market," Menzer said

http://www.businessweek.com/ap/fina...s/D8KCPF101.htm

Exactly Adam,

This was and is the last peice of this very complicated puzzle which we mentioned many months back. It is far less expensive to pay terrorists to not blow themselves up, so the next best thing is to share the huge wealth of Iraq with the poor which removes the only real incentive they have to join terrorists. It is always about money, always has been, always will be.

We are finally seeing the connecting of the dots and all the signals are positive. Think about it, 1300 crooks removed from top level gov. positions, a dozen in parliament about to be ejected and replaced, more Kurd's will be injected in these positions, as witnessed in the power play starting with flag and then concession to remain one, this all comes at a price, so I like what I am hearing.

Granted, security is and will always be an issue, but identifying and addressing all the corruption and fraud is more important, and this is now moving forward more quickly than in the past few months, so I see this as more important than security in Baghdad. If you follow this closely as many of us do, you will see just how close this really is, days, weeks at most in my opinion. When we hear parliament shakeup announcement, I will put on my party hat. LOL

Good luck to all, Mike

U.S. House clears $70 billion mostly for Iraq war



http://www.alertnet.org/thenews/newsdesk/N26377365.htm



WASHINGTON, Sept 26 (Reuters) - The U.S. House of Representatives on Tuesday gave final approval to a massive funding bill for the Pentagon that provides another $70 billion for the wars in Iraq and Afghanistan.

The Senate was expected to pass the final version of the $447.6 billion bill by this weekend, sending it to President George W. Bush for his signature.

The House passed it 394-22 with virtually no debate as lawmakers worked to complete business before breaking to campaign for November elections that will determine control of Congress.

In a slap at Bush, the bill would bar the administration from using money from it to construct permanent U.S. military bases in Iraq or to exercise any control over Iraq's oil sector.

Both the House and Senate have approved that language before, but until this bill Republicans had stripped it in House-Senate conferences.

Democrats and many Republicans say the Iraqi insurgency has been fueled by perceptions that the United States has ambitions for a permanent presence in the country. They have called on Bush to make a policy statement that the United States has no such plans.

With this bill, Congress will have approved more than $500 billion for the wars, with the bulk of that spent in Iraq. Lawmakers called the $70 billion a "bridge fund" to last about halfway through the next fiscal year, which starts on Oct. 1.

About $23 billion of that is to replace and refurbish equipment worn out in the harsh environments of the two conflicts.

The bill provides $377.6 billion for the Pentagon's core programs, $4.1 billion less than Bush wanted but $19 billion above current levels.

It funds a 2.2 percent military pay raise, and provide $557 million more for the Army Reserve and the Army National Guard than Bush sought.

Forbes Advocates Iraq Oil Dividends


Forbes Advocates Iraq Oil Dividends



By ANDREW DeMILLO Associated Press Writer
© 2006 The Associated Press

HOT SPRINGS, Ark. — Former presidential candidate and billionaire publisher Steve Forbes on Tuesday said giving the Iraqi people a portion of oil profits would help secure the country against insurgents.

Forbes, the CEO of Forbes Inc. and editor-in-chief of Forbes magazine, said the country should create a fund similar to Alaska's permanent fund, which annually distributes dividends to eligible residents.

"Imagine if something like that was done in Iraq. Suddenly, everyone would want an address in Iraq," Forbes told about 350 people at the Arkansas State Chamber of Commerce/Associated Industries of Arkansas luncheon in Hot Springs. "Suddenly, the bulk of the population would be on the side of fighting the fanatics who are trying to disrupt oil production."

Originally Posted by laurenr

SGS is so confident about the R/V tomorrow, and I have confidence that SGS knows her stuff, that I'm gonna withdraw all my savings and buy 7 million dinar today.

dont rely on my confidence, rely on your own. im sure youve read enough and listened to enough and know enough about this investment to make a decision based on your OWN confidence level.

Originally Posted by cigarman

Why don't you bring us the juicy rumors over here? lol


look, relax and take a chill pill everybody. a lawyer who works in conjunction with the cbi has confirmed that everything is indeed accomplished and the revalue could take place at any moment from now until the last second of september '06. he indicated that there was no alternative and that no delay could take place as it HAD TO be completed by 12:00am Oct. 1, '06.
__________________

i thought i put that over in the rumor section? thats where it should be.

What will happen if they don´t reval before 30th of september

Do they HAVE to do it or could they wait until november

Originally Posted by shotgunsusie

i thought i put that over in the rumor section? thats where it should be.

Originally Posted by shotgunsusie

i thought i put that over in the rumor section? thats where it should be.

I don't know about anybody else, but I ENJOY a little rumor and a little discussion with my news...they're like tasty side dishes that accompany the meaty main course....they help me to put everything, both the news and the rumor into context.
It's easy for me to see that the news is good....I don't always see WHY it's good...Mods, can we PLEASE include some pertinent discussion here as well??

T.O. OSW

Originally Posted by opps50

What will happen if they don´t reval before 30th of september

Do they HAVE to do it or could they wait until november

They don't have to r/v before 1 October. But they will not get anymore funding from outsiders to help them out. Therefore in theory they need to start having a dinar with more of a worth than 1476 to the dollar. It's all about buying power. They need to be able to import goods at a rate a lot less than it currently is. Imagine importing a tv that's value is say $1000, well they will need 1476000 dinars to buy it! R/v at 1:1 and they'll only need 1000 dinars. What a great way to kickstart the economy and import at a good rate and vice versa if they don't r/v. Their country will be bought up at a fraction of its real value.

Remember, the current rate is an artificial rate, that's all.......